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Suppose the fictional country of Suburbia has an annual production according to the table below. The table lists the quantities of each product, along with
Suppose the fictional country of Suburbia has an annual production according to the table below. The table lists the quantities of each product, along with per unit values of each good.
Suppose that all of the bananas produced are exported, and the roads are built and paid for by the government of Suburbia. Greenhouses are used to produce tomatoes.
Using the table, calculate the four components of GDP (C, I, G, and NX) along with total GDP.
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