Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

201 _1_2014 Agriculture Industry Service (milllon) Male Female Male Female Male Female 1037 12.45 ----m c. In the Economy section, go to the table Structure

image text in transcribed
201 _1_2014 Agriculture Industry Service (milllon) Male Female Male Female Male Female 1037 12.45 ----m c. In the \"Economy\" section, go to the table \"Structure of output.\" There you will nd GDP (in $ billions) and the % of GDP in each of the three sectors: agriculture, industry, and services. For the same two countries and the same year that you chose in part (a), write down their GDP (in $ billions) and the percentage of their GDP accounted for by agriculture, by industry, and by services. Multiply GDP by the percentages to obtain the dollar amount of GDP coming from each of these sectors, which is interpreted as the value-added in each sector, that is, the dollar amount that is sold in each sector minus the cost of materials (not including the cost of labor or capital) used in production. Answer: 2014 GDP (billion S) Agriculture (%) Industry (%) Service (%) 2829.2 Thailand 404.8

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Changing Resource Problems Of The World

Authors: Ronald G Ridker

1st Edition

131735494X, 9781317354949

More Books

Students also viewed these Economics questions

Question

3. Im trying to point out what we need to do to make this happen

Answered: 1 week ago

Question

1. I try to create an image of the message

Answered: 1 week ago