Question: 20,200 3,200 ? 600 2,000 ? Given below is the values of an ABC economy for the year 2020. COMPONENTS OF GDP Personal consumption expenditures

20,200 3,200 ? 600 2,000 ? Given below is the values

20,200 3,200 ? 600 2,000 ? Given below is the values of an ABC economy for the year 2020. COMPONENTS OF GDP Personal consumption expenditures (C) Gross private domestic investment (1) Government consumption and gross investment (G) Net exports (EX-IM) Durable goods Nondurable goods Services Nonresidential Residential Change in business inventories Federal State and local Exports (EX) Imports (IM) Gross domestic product 13,600 2,600 ? -200 2.200 3,400 3,800 ? ? 1. You are required to calculate GDP for the year 2020 for ABC economy using the expenditure method

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