Multiple Choice
In a given year,suppose a company spends $100 million on intermediate goods and $200 million on wages,with no other expenses.Also assume that its total sales are $800 million.The value added by this company equals
A) $200 million.
B) $300 million.
C) $500 million.
D) $700 million.
E) $800 million.
Correct Answer:
Verified
Correct Answer:
Verified
Q44: Hedonic pricing is used to<br>A)convert nominal values
Q45: Explain the three ways GDP can be
Q46: The prices for which of the following
Q47: One of the reasons macroeconomists have concerns
Q48: Based on the notation presented in Chapter
Q50: Explain whether it is possible for nominal
Q51: When using the income approach to measure
Q52: Refer to the information above.The labor force
Q53: Hedonic pricing is<br>A)the way that luxury goods
Q54: According to convention,a recession is referred to