The following table shows data on consumption, Investments, exports, imports, and government expenditures for the United States in 2016, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) 12,757.9 3,035.7 Exports (X) 2,232.4 Imports (M) 2,733.7 Net Exports of Goods and Services Government Purchases (G) 3,276.7 Gross Domestic Product (GDP) MacBook Pro Grade It Now Save & Continue Continue without saving
The following table shows data on consumption, Investments, exports, imports, and government expenditures for the United States in 2016, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) 12,757.9 3,035.7 Exports (X) 2,232.4 Imports (M) 2,733.7 Net Exports of Goods and Services Government Purchases (G) 3,276.7 Gross Domestic Product (GDP) MacBook Pro Grade It Now Save & Continue Continue without saving
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 9SQ
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Transcribed Image Text:The following table shows data on consumption, Investments, exports, imports, and government expenditures for the United States in 2016, as
published by the Bureau of Economic Analysis. All figures are in billions of dollars.
Fill in the missing cells in the table to calculate GDP using the expenditure approach.
Data
(Billions of dollars)
Consumption (C)
Investment (I)
12,757.9
3,035.7
Exports (X)
2,232.4
Imports (M)
2,733.7
Net Exports of Goods and Services
Government Purchases (G)
3,276.7
Gross Domestic Product (GDP)
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