Answer:
a) 3,800,000
b) 3,300,000
Explanation:
The GDP only counts final products.
As XYZ purchase ABC production thus, ABC's production should not be included in the GDP
<em>Final goods Production:</em>
XYZ 1,000,000 x 3 sold computer = 3,000,000
1 compuer of 800,000 in stock <u> 8,000,000</u>
Total GDP 3,800,000
<em>Income:</em>
Labor: 1,000,000 + 200,000 x 4 = 1,800,000
Interest 100,000 100,000
Taxes 200,000 + 100,000 x 4 = 600,000
Profit 700,000 + 200,000 x 3 = <u> 1,300,000 </u>
Total 3,800,000
If there is imported goods for 500,000
Then, we should reduced from the GDP:
making it 3,800,000 - 500,000 = 3,300,000
