Question: Using the GDP Expenditure formula ( GDP = C + I + G + NX ) select the appropriate values from the data observed and
Using the GDP Expenditure formula GDP C I G NX select the appropriate values from the data observed and enter them in the table provided below to calculate the total nominal GDP for both years. Enter the data for the current year in the column designated A and for the previous year in the column designated B Disregard the Statistical Discrepancy value from the observed data.
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