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, what was the approximate value of Wal-Mart's value added in 2014?
A) $115 billion
B) $286 billion
C) $374 billion
D) $661 billion
Correct Answer:
Verified
Q81: Which of the following is the largest
Q84: Depreciation is subtracted from GNP to determine
A)
Q85: Explain the difference between U.S. GDP and
Q87: In the expanded circular flow diagram, the
Q88: Recall the Application about the size of
Q88: In the expanded circular flow diagram, the
Q93: A firm's value added can be measured
Q94: The amount of income that households keep
Q97: Recall the Application about the size of
Q100: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents