Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Distribution of GDP in the US Economy according to the text does not have one of these characteristics: a. Ratio of physical product to physical

Distribution of GDP in the US Economy according to the text does not have one of these characteristics:

a. Ratio of physical product to physical service is about 6:35 in terms of percentages

b. Ratio of physical product to physical service is about 6:31 in terms of percentages

c. Ratio of information for physical product to physical service is about 10:53 in terms of percentages

d. Ratio of digital product to information service is about 16:84 in terms of percentages

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

International Economics Theory and Policy

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

11th Edition

134519574, 9780134521046 , 978-0134519579

More Books

Students also viewed these Economics questions

Question

1. Too understand personal motivation.

Answered: 1 week ago