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

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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