1. The following table lists the stages in the production of a personal computer. What is the value of the computer in GDP? Stage Value Added Components manufacture $100 Assembly 250 Wholesaler 500 Retailer 1,850

1. The following table lists the stages in the production of a personal computer. What is the value of the computer in GDP? Stage Value Added Components manufacture $100 Assembly 250 Wholesaler 500 Retailer 1,850

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

1. The following table lists the stages in the production of a personal computer. What is the value of the computer in GDP?

Stage Value Added

Components manufacture $100

Assembly 250

Wholesaler 500

Retailer 1,850

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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