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Suppose we have the country of Melanie-opolis. Further suppose that we have the following: People in Melanie-opolisspend $110,000,000 on food and cars produced in the
Suppose we have the country of Melanie-opolis. Further suppose that we have the following:
- People in Melanie-opolisspend $110,000,000 on food and cars produced in the country in 2021.
- Firms in Melanie-opolisspend $40,000,000 on equipment produced in the country in 2021.
- Government in Melanie-opolisspends $18,000,000 on uniforms produced in the country of Cynthia-ville in 2021.
- People in Cynthia-ville spend $50,000,000 on goods produced in the country of Melanie-opolisin 2021.
- People in Melanie-opolisalso spend $30,000,000 on purchases of existing bonds (that were originally produced in 2018).
Based on this information, what is the GDP for Melanie-opolisfor 2021?
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