Texas Instruments produces microchips and calculators. To produce these products, Texas Instruments imports $10,000 worth of silicon, $5,000 worth of plastic, and a $100,000 assembly machine. Texas Instruments then sells 20,000 Calculators for $10 dollar each and 30,000 microchips for $5 each. The calculators are sold to consumers whereas the microchips are sold to downstream producers that create other products. What is Texas Instrument's contribution to GDP using the expenditure approach.

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18-06-2024
Business

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Texas Instruments produces microchips and calculators. To produce these products, Texas Instruments imports $10,000 worth of silicon, $5,000 worth of plastic, and a $100,000 assembly machine. Texas Instruments then sells 20,000 Calculators for $10 dollar each and 30,000 microchips for $5 each. The calculators are sold to consumers whereas the microchips are sold to downstream producers that create other products. What is Texas Instrument's contribution to GDP using the expenditure approach.

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