The table gives data on the economy of iberia. calculate iberia’s imports of goods and services.

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The table gives data on the economy of Iberia. Calculate Iberias imports of goods and services. Iberias imports of goods and services equal $ billion. The table gives data on the economy of Iberia. Calculate Iberia’s imports of goods and services. Iberia’s imports of goods and services equal $ billion.

Since GDP = consumption+saving+net taxes
= 63+14+16 billion
= 93 billion
Also, GDP = C+I+G+(E-I)
93 = 63+25+18+(26-I)
93 = 132-I
I = 132-93 = 39 BILLION

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