Answer the following questions about country A. a)   What was GDP equal? b)   What was the value of total production equal to? c) What approach did you use to make this calculation? Items RM (million) Agriculture, Forestry & Fishing 25874 Construction 89756 Mining & Quarrying 12345 Electricity, Gas & Water 96325 Manufacturing 70002 Government Services 78953 Wholesale, Retail, Hotel & Restaurant 258 Finance, Insurance & Real Estate 456 Transport, Storage & Communication 999 Other Services 451 Factor Income Paid Abroad 452 Indirect Taxes 200 Factor Income Received From Abroad 500 Subsidies - 85 Depreciation 891

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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3) Answer the following questions about country A.

a)   What was GDP equal?

b)   What was the value of total production equal to?

c) What approach did you use to make this calculation?

Items

RM (million)

Agriculture, Forestry & Fishing

25874

Construction

89756

Mining & Quarrying

12345

Electricity, Gas & Water

96325

Manufacturing

70002

Government Services

78953

Wholesale, Retail, Hotel & Restaurant

258

Finance, Insurance & Real Estate

456

Transport, Storage & Communication

999

Other Services

451

Factor Income Paid Abroad

452

Indirect Taxes

200

Factor Income Received From Abroad

500

Subsidies

- 85

Depreciation

891

 

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