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Leto [7]
3 years ago
11

Calculate total GDP for this economy given the following components of supply. Components of GDP on the Supply Side (in trillion

s of dollars) Durable goods 3.3 Nondurable goods 2.3 Services 11.6 Structures 1.8 Change in inventories 0 Total
Business
1 answer:
astraxan [27]3 years ago
6 0

Answer:

Total GDP (in trillions of dollars) = 19 trillion dollar

Explanation:

Given:

Durable goods = 3.3

Non-durable goods = 2.3

Services = 11.6

Structures = 1.8

Change in inventories = 0

Computation Of total GDP (from Supply side)

Total GDP = Durable goods + Non-durable goods + Services + Structure + Change in inventory

Total GDP (in trillions of dollars) = 3.3 + 2.3 + 11.6 + 1.8 + 0

Total GDP (in trillions of dollars) = 19 trillion dollar

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