Question

Attempt 3: 1 attempt remaining. In 2001, the economy of Sanaton produced $11200 in durable goods, $1900 in nondurable goods, $5300 in services and $1900 in structures. Its total GDP was $21500. What was the change in the value of Sanaton's inventories in 2001?

          Attempt 3: 1 attempt remaining.
In 2001, the economy of Sanaton produced $11200 in durable
goods, $1900 in nondurable goods, $5300 in services and $1900
in structures. Its total GDP was $21500.
What was the change in the value of Sanaton's inventories in
2001?

Attempt 3: 1 attempt remaining.
In 2001, the economy of Sanaton produced 11200 in durable
goods,1900 in nondurable goods, 5300 in services and1900
in structures. Its total GDP was 21500.
What was the change in the value of Sanaton's inventories in
2001?

Added by Barry R.

Principles of Economics

Gregory Mankiw 8th Edition

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Solved by Expert Supratim Pal

09/10/2024

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Step 1: The GDP is the sum of all the components of the economy. Show more…

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Attempt 3: 1 attempt remaining. In 2001, the economy of Sanaton produced $11200 in durable goods, $1900 in nondurable goods, $5300 in services and $1900 in structures. Its total GDP was $21500. What was the change in the value of Sanaton's inventories in 2001? Submit answer Next item