The following table shows data on consumption investment exp

The following table shows data on consumption, investment, exports, imports, and government expenditures for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.

Solution

GDP = C + I + G + NX, using the usual notations.

NX = X - M = 1,587.4 - 1,976.2 = - 388.8

GDP = 9,845.9 + 1,549.3 + 2,967.2 - 388.8 = 13,973.6

 The following table shows data on consumption, investment, exports, imports, and government expenditures for the United States in 2009, as published by the Bur

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