
Essentials of Economics 10th Edition by Bradley Schiller, Karen Gebhardt
Edition 10ISBN: 978-1259235702
Essentials of Economics 10th Edition by Bradley Schiller, Karen Gebhardt
Edition 10ISBN: 978-1259235702 Exercise 2
What percentage of total U.S. output consisted of military goods
( a ) in 1944? (Figure 1.2)
( b ) in 2014? (Figure 1.2)

( a ) in 1944? (Figure 1.2)
( b ) in 2014? (Figure 1.2)

Explanation
a) In 1944, around 39 percent of total country U 's output was consisted of military goods.
b) In 2014, around 5 percent of total country U 's output was consisted of military goods.
b) In 2014, around 5 percent of total country U 's output was consisted of military goods.
Essentials of Economics 10th Edition by Bradley Schiller, Karen Gebhardt
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