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MindTap - Cengage Learning-Google Chrome a Secure https//ng.cengage.com/static/nb/ui/evo/index.htmi?deploymentid-57535524351130859. Q MIN DTAP Q Search this courseGray Homework (Ch 10 Keep the Highest: 1 Attempts 4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2011, as published by the Bureau of Economic Analysls All figures are in billions of dollars Consumption (C) ,854.9 2,094.2 ,662.3 Exports (X) Imports (H) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 3,059.8 Continue wthout saving

Explanation / Answer

Net exports=Exports-imports

Net exports=2094.2-2662.3=-568.1

GDP=C+I+G+NX

GDP=10279+1854.9+3059.8-568.1

GDP=14,625.6

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