Using Federal Reserve Economic Data (FRED), check if the following relationship holds:

GDP = C+I+G+NX

Generally we use the following measures:

C: Personal Consumption Expenditures (PCE)

I: Gross Private Domestic Investment (GPDI)

G: Government Total Expenditure

X: Total Exports for USA

M: Total Imports for USA

Use the value of annual nominal GDP to get the GDP data.

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