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Economics Asked by a SnapAndSolve user · about 18 hours ago

Choose the best answer using the chart. What was California’s GDP in 2010 in millions?

25. Choose the best answer using the chart.
What was California’s GDP in 2010 in millions?
$5,814.4
$5,840.7

Answer

To calculate California's GDP in 2010, sum up all the components: consumption expenditures, U.S. investments in foreign countries, investments, government expenditures, and net exports.

  1. Consumption expenditures: $3,576.3 million
  2. U.S. investments in foreign countries: $4.2 million
  3. Investments: $496.7 million
  4. Government expenditures: $1,763.5 million
  5. Net exports: -$26.3 million

Total GDP = $3,576.3 + $4.2 + $496.7 + $1,763.5 - $26.3 = $5,814.4 million

Answer: $5,814.4

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