Question: 5. Measuring GDP The following table shows data on consumption, investment, exports, imports, and government expenditures for the United States in 2003, as published

5. Measuring GDP The following table shows data on consumption, investment, exports, imports, and government expenditures for the United States in 2003, 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. Note: Type in the results without rounding off numbers. Personal consumption expenditures (C) Gross private domestic investment (I) Exports (X) Imports (M) Net exports of goods and services Government consumption expenditures and gross investment (G) Gross domestic product (GDP) Aa Aa $7,703.6 1,664.1 1,040.8 1,540.2 2,092.5

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Net Exports Exports Imports Exports 10408 Imports 15402 Net ... View full answer

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