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With the following information calcuate the GDP using the expenditure approach. Be sure to show how you arrive at your answer. Billions of Dollars Personal

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With the following information calcuate the GDP using the expenditure approach. Be sure to show how you arrive at your answer. Billions of Dollars Personal consumption expenditures $200 Personal taxes 50 Exports 30 Depreciation 10 Government purchases 50 Gross private domestic investment 40 Imports 40 Government transfer payments 20

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