Ask Question
6 May, 19:53

Answer this question on the basis of the given information for an economy in 2016. dollar value of resource extraction activity = $20 billion dollar value of production activity = $50 billion dollar value of distribution activity = $80 billion dollar value of final output = $110 billion suppose that in 2017, the dollar value of distribution activity fell to $70 billion, but the other values remained the same. based on this, we could conclude that from 2016 to 2017,

+4
Answers (1)
  1. 6 May, 20:20
    0
    Basis of the given information for an economy in 2016. Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion Gross output for this economy in 2016 equals $260 billion.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Answer this question on the basis of the given information for an economy in 2016. dollar value of resource extraction activity = $20 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers