in an open economy the gdp is $12 trillion this year. consumption is $8 trillion, and government spending is $2 trillion. taxes are $0.5 trillion. exports are $1 trillion, and imports are $3 trillion.
a. $3 trillion (outflows)
b. $3 trillion (inflows)
c. $2 trillion (outflows)
d. $2 trillion (inflows)
e. $4 trillion (inflows)
