Question: Now GDP problems: Use the information below to calculate GDP. This is 2019 GDP Consumer spending = $200 million Investment spending = $55 million State

Now GDP problems:

Use the information below to calculate GDP. This is 2019 GDP

Consumer spending = $200 million

Investment spending = $55 million

State and local government spending = $120 million

Federal government spending = $80 million

Imports = $50 million

Exports = $45 million

What is the GDP equal in 2019?

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