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U.S. Nominal GDP: $21.44 trillion - U.S. GDP (PPP): $21.44 trillion. The U.S. has retained its position of being the world's largest economy since 1871. The size of the U.S. economy was at $20.58 trillion in 2018 in nominal terms and is expected to reach $22.32 trillion in 2020.
so it means that the contraction is about $900 Billion in the 1QCorrect?