Suppose that in the year of 2020, Country A’s natural rate of unemployment was 5% and its actual unemployment rate was 7%.   Further, the Country’s GDP in 2020 was $20,932 billion.   Compute the Country’s potential GDP in 2020, using Okun's law

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The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars.   Billions of Dollars Gross private domestic investment 120 Depreciation 35 Exports 60 Imports 55 Government spending 130 Personal consumption expenditures 325 Indirect business taxes (net of subsidies) 20 Personal taxes 90 Employee compensation 380 Corporate profits and FICA contributions 80 Rental income 25 Net interest 35 Proprietors' income 5 Transfer payments and other income 65   Using the expenditure or income approach, GDP for this country was $    billion.   Complete the following table by calculating national income, personal income, and disposable personal income for this country. (Note: Be sure to enter your figures in billions of dollars.)   Billions of Dollars National Income   Personal Income   Disposable Personal Income

If the natural rate of unemployment is 3.9 percent, the current unemployment rate is 7.3 percent, and the current GDP is 10 billion, according to Okun's law, the economy's potential output is: (in billion dollars, rounded to two decimal points).