To find the total personal consumption expenditures, we need to sum all the provided components from the table and the listed personal consumption expenditures. Let's go through the components step-by-step:
1. Federal purchases of goods: 400 billion dollars.
2. Services: 200 billion dollars.
3. Imports: 200 billion dollars.
4. Change in business inventories: 20 billion dollars.
5. Durable goods: 300 billion dollars.
6. Nondurable goods: 400 billion dollars.
7. Exports: 100 billion dollars.
8. Residential investment: 400 billion dollars.
9. State and local purchases: 300 billion dollars.
10. Nonresidential investment: 600 billion dollars.
Now, add all these components:
[tex]\[
400 + 200 + 200 + 20 + 300 + 400 + 100 + 400 + 300 + 600
\][/tex]
This summation results in:
[tex]\[
2920
\][/tex]
Thus, the total personal consumption expenditures, considering the given data, amount to 2920 billion dollars.
