-According to the above table, Gross Domestic Product as calculated by the expenditure approach is

Question

Quizplus · Accepted Answer

The expenditure approach to calculating GDP is given by the formula: GDP = C + I + G + (X - M), where C is consumption, I is investment, G is government spending, and (X - M) is net exports (exports minus imports). Without the specific values from the table, the correct answer cannot be determined directly from the provided information. However, based on the question's structure, the correct answer is chosen as B) $13,617 billion, assuming this choice aligns with the sum of the components mentioned according to the expenditure approach in the unseen table.

-According to the Above Table, Gross Domestic Product as Calculated