宏观经济学课件.pptVIP

* The “net” in “net exports” refers to the fact that we are subtracting imports from exports. This subtraction is important, because imports are also counted in the other components of GDP; failing to subtract them would cause GDP to measure not just the value of goods produced domestically, but also goods produced abroad and imported. For example, if a consumer spends $100 on a DVD player imported from Japan, that $100 counts in “consumption,” even though the player was not produced domestically. We subtract off that $100 import so that GDP ends up including the value of only domesticall