Question

ECAUCION: RESTO DE YPEAD TRO AWAY WATIS DEN EX Canvas → X CIO $1.200 $800 $1.800 $2.000 Question 14 Use Table: Pizza Economy L. GDP in this economy is: Table: Pinza Economy Gino's pizza Bruno's dough Profit $4,000 $1.000 Wapes 10.000 9.000 Sales tax 4.000 8.000 6.000 Aldo's pepperoni 55.000 Carlo's tomatoes $2.000 6,000 1.000 1.000 1,000 Rent 2.000 $65,000 573.000. $57.000 $51.000 Question 15 2 pts Use the following to answer questions 15 16 Table: Market Basket of School Supplies Prices le 2010 (Bae Year Backpack Notebook Quantity Reght (2010) Pre in 2011 5.000 51.25 acer

Answer 1

14) GDP is the total money value of all goods and services produced by a country in a given period of time.

Total Revenue/GDP=Profit+Wages+Sales Tax+Rent

Particulars	Gino's Pizza	Bruno's dough	Carlo's tomatoes	Aldo's pepperoni	Total
Profit	4,000	3,000	2,000	5,000	14,000
Wages	10,000	9,000	6,000	7,000	32,000
Sales Tax	4,000	1,000	1,000	2,000	8,000
Rent	8,000	6,000	1,000	4,000	19,000
Revenue (P+W+S+R)	26,000	19,000	10,000	18,000	73,000

Therefore, GDP is $73,000.