There are three firms in an economy: A, B, and C. Firm A buys $300 worth of goods from firm B and $220 worth of goods from firm C, and produces 300 units of output, which it sells at $11 per unit. Firm B buys $120 worth of goods from firm A and $160 worth of goods from firm C, and produces 100 units of output, which it sells at $5 per unit. Firm C buys $100 worth of goods from firm A and nothing from firm B. It produces output worth $900. All other products are sold to consumers.

Instructions:Round your responses to the nearest whole number.

Please provide work.

a. Calculate GDP.

$

b. If a value-added tax (a tax on the total value added by each firm) of 13 percent is introduced, how much revenue will the government get?

$

c. How much would government get if it introduced an income tax of13 percent?

$

d. How much would government get if it introduced a sales tax of 13 percent on output?

$