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Butterfly Equipment, an Alderaan company operating only in Alderaan, also imported $1,000 in new equipment from Canada. Given the above transactions, use the expenditures approach
Butterfly Equipment, an Alderaan company operating only in Alderaan, also imported $1,000 in new equipment from Canada.
Given the above transactions, use the expenditures approach to calculate the nominal GDP for Alderaan for the year 4000, as well as the individual components of: consumption, investment, government spending, exports and imports, all in nominal terms.
(HINT: Go through each transaction and first decide if it is included in GDP, then decide which component(s) of GDP are affected.
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