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A Hypothetical Economy Produced Four Final Goods During the Year

Question 42

Multiple Choice

A hypothetical economy produced four final goods during the year: plates, TVs, bicycles, and computers. Forty plates were produced and sold for $10 each. Five TVs were produced and sold for $300 each. Fifty bicycles were produced and sold for $100 each. Three computers were produced and sold for $750 each. With this information, one could determine


A) gross investment for this economy.
B) net investment for this economy.
C) indirect taxes less subsidies for this economy.
D) whether factors had been fully employed in this economy.
E) total income for this economy.

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