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In the first quarter of 2020, the annualized nominal United States GDP components were as follows ($. billions): Personal Con

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Ans. The value of Q2 2020 GDP is $21,539.6 billion

GDP = Personal Consumption (C) + Gross Private Domestic Investment (I) + Government Expenditure (G) + Net Exports (NX) ( Exports - Imports )

GDP = $14,583.3 billion + $3,629.0 billion + $3,852.0 billion + ( $2,420.9 - $2,945.6 ) billion

GDP = $21,539.6 billion

Hence, the value of GDP is $21,539.6 billion.

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