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Assume aggregare revenues of the workers is 400 billion dollar in Mexico. and assume share of workers from GDP is between 20-60% share of capital
Assume aggregare revenues of the workers is 400 billion dollar in Mexico. and assume share of workers from GDP is between 20-60% share of capital is 20-60%, and share of other types of income is 10%,
Please calculate :
a) GDP, aggregate profits, and aggregate value of other types of income in Mexico.
b) Assume aggricultural sectore makes up 30% of Mexico's GDP, industrial sector 50% and service sector 20% of the GDP. In all sector input costs are 30% of the revenues revenues. Calculate value added and input costs of each sector.
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