Question: 1. (LO 3) In Table 3.7, you are given data for the country of Sequoia. a) What is the value of GDP at market prices?

1. (LO 3) In Table 3.7, you are given data for the country of Sequoia.

a) What is the value of GDP at market prices?

b) What is the value of NDP at basic prices?

c) What is the value of net national product at basic prices (national income)?

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