Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
Total GDP for this economy is $19.6 trillions.
Gross domestic product or also known as GDP may be defined as a monetary measure of the market price of all the final items and services maked and sold in a particular time period by countries.
Durable goods = 2
Nondurable goods = 4.5
Services = 10.4
Structures = 2.7
Change in inventories = 0
To calculate total GDP, we can use this formula:
Total GDP = Durable goods + Non-durable goods + Services + Structure + Change in inventory
Total GDP = 2 + 4.5 + 10.4 + 2.7 + 0 = 19.6
Because the number is ordered in trillions of dollars so the final result is $19.6 trillions.
Learn more about GDP at https://brainly.com/question/15086052
#SPJ4
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.
