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Calculate Country X's nominal gross domestic product (GDP)for 2017 using the expenditures approach. A 14 billion dollars B 18 billion dollars C 19 billion dollars D 20 billion dollars E 21 billion dollars

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Calculate Country X's nominal gross domestic product (GDP)for 2017 using the expenditures approach.
A 14 billion dollars
B 18 billion dollars
C 19 billion dollars
D 20 billion dollars
E 21 billion dollars

Calculate Country X's nominal gross domestic product (GDP)for 2017 using the expenditures approach. A 14 billion dollars B 18 billion dollars C 19 billion dollars D 20 billion dollars E 21 billion dollars

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SpencerMaster · Tutor for 5 years

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### E. 21 billion dollars

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## Step1: Identify Components of GDP<br />### The nominal gross domestic product (GDP) using the expenditures approach is calculated by summing consumption, investment, government spending, and net exports of a country.<br /><br />## Step2: Calculate GDP Using Expenditures Approach<br />### Sum up the consumption, investment, government spending, and net exports to get the total GDP.
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