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Table 10.2 All values are in $ ABC Farms DEF Meat Inc. XYZ Burgers Value of sales: 2,500 5,000 10,000 Intermediate goods: 0 2,500 (cattle)

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Table 10.2 All values are in $ ABC Farms DEF Meat Inc. XYZ Burgers Value of sales: 2,500 5,000 10,000 Intermediate goods: 0 2,500 (cattle) 5,000 (processed beef) Wages: 1000 900 2000 Interest: 250 600 1000 Rent: 250 500 1000 Profit: 1000 500 1000 Total Expenditure by 2,500 5,000 10,000 Firm 1. Using table 10.2 how would GDP would be calculated using the value added approach? a. 10,000 in burger sales by XYZ Burgers b. 2,500 in cows + 2,500 in beef + 5,000 in burger creation (10,000 total) C. 3900 in wages + 1850 in interest + 1750 in rent + 2,500 in profit (10,000 total) d. 2,500 spent by ABC Farms + 2,500 spent by DEF Meat Inc. + 5,000 spent by XYZ Burgers (10,000 total) 2. Using table 10.2 how would GDP would be calculated using the aggregate expenditure approach? a. 10,000 in burger sales by XYZ Burgers b. 2,500 in cows + 2,500 in beef + 5,000 in burger creation (10,000 total) c. 3900 in wages + 1850 in interest + 1750 in rent + 2,500 in profit (10,000 total) d. 2,500 spent by ABC Farms + 2,500 spent by DEF Meat Inc. + 5,000 spent by XYZ Burgers (10,000 total) 3. Using table 10.2 how would GDP would be calculated using the factor payment approach a. 10,000 in burger sales by XY7 .-. . b. 2,500 in cows + 2 5COin beef . 5,000 in burger creation (10,000 total) L. $godinWas + 1850in interest + 1750 in rent + 2,500 in profit (10,000 total) d. 2,500 spent by ABC Farms + 2,500 spent by DEF Meat Inc. + 5,000 spent by XYZ Burgers (10,000 total)

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