Recall the Application about the size of Wal-Mart to answer the following question(s). During 2014, Wal-Mart's sales were approximately $473 billion, or roughly 2.7 percent of U.S. GDP, and its cost of sales was $358 billion.
-According to this Application, why is the value of Wal-Mart's 2014 sales NOT an accurate measurement of its actual sales impact on the U.S. economy?

Question

Quizplus · Accepted Answer

The sales figure includes the value of purchases from other firms, meaning that it includes revenue from the sale of goods produced by other companies and sold at Wal-Mart, which is not a direct measurement of its impact on the U.S. economy.

Recall the Application About the Size of Wal-Mart to Answer