Write down what each part of the equation represents, Macroeconomics

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Write down what each part of the equation represents

Problem

Decompose the GDP identity-- GDP=C+|+G+EXn. Write down what each part of the equation represents, what is included in each component, what isn't, etc. Be as specific as possible. And, in dollar terms, how much was U.S. nominal GDP (approximately) in 2021?

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Macroeconomics: Write down what each part of the equation represents

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Macroeconomics: Write down what each part of the equation represents

Reference No:- TGS03262161

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