Table 19-9

-Refer to Table 19-9. Suppose that the above table represents the goods and services produced in a very simple economy in 2013. Assume that steel is used as an input in the production of autos. Using that information, calculate GDP for the year 2013.

Question

Table 19-9
 
-Refer to Table 19-9. Suppose that the above table represents the goods and services produced in a very simple economy in 2013. Assume that steel is used as an input in the production of autos. Using that information, calculate GDP for the year 2013.

Quizplus · Accepted Answer

The Answer of Table 19-9
 
-Refer to Table 19-9. Suppose that the above table represents the goods and services produced in a very simple economy in 2013. Assume that steel is used as an input in the production of autos. Using that information, calculate GDP for the year 2013.

Table 19-9 -Refer to Table 19-9. Suppose That the Above Table Represents