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1. Measuring GDP The following table shows data on consumption, investment, exports, imports, and government expenditures for a hypothetical country in 2014, as published by

1. Measuring GDP

The following table shows data on consumption, investment, exports, imports, and government expenditures for a hypothetical country in 2014, as published by its government agency. All figures are in billions of dollars.

Fill in the missing cells in the table to calculate GDP using the expenditure approach.

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Data (Billions of dollars) Personal Consumption Expenditures (C) 9,734.2 Gross Private Domestic Investment (I) 2,125.4 Exports (X) 1,643.0 Imports (H) 2,351.0 Net Exports of Goods and Services E Government Consumption Expenditures and Gross Investment (G) 2,689.8 Gross Domestic Product (Y) E

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