An economy produces 1,200,000 computers valued at $2,000 each. Households purchase 300,000 computers of which 150,000 are imported. Businesses purchase 400,000 domestically produced computers. The government purchases 200,000 domestically produced computers and 50,000 domestically produced computers are sold abroad. The unsold computers at the end of the year are held in inventory by the computer manufacturers. What is the value of GDP?
What is the value of GDP?
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