Business, 08.07.2021 15:40 Talos02

Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic and a car factory. Metal factory produces $200, plastic factory produces $500, and car factory produces $700, of its respective products. The metal factory sells all of its output to the car factory. The plastic factory sells $80 worth of plastic to the car factory, $20 to the government, and the rest to consumers. The Car factory exports $50 of its cars and sells the rest to consumers. Required:
What is the GDP of Macroland in 2019?

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Suppose there are three factories in Macroland and the following occurred in 2019: Metal, plastic an...

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