Question
Answer this question based on the given information for an economy in some year. Dollar value of resource extraction activity = $20 billion Dollar value
Answer this question based on the given information for an economy in some year.
Dollar value of resource extraction activity = $20 billion
Dollar value of production activity = $50 billion
Dollar value of distribution activity = $90 billion
Dollar value of final output = $140 billion
Gross output for this economy equals
Multiple choice
$160 billion
$260 billion
$140 billion
$300 billion
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
