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16 February, 03:02

Answer this question on the basis of the given information for an economy in 2016. dollar value of resource extraction activity = $20 billion dollar value of production activity = $50 billion dollar value of distribution activity = $80 billion dollar value of final output = $110 billion suppose that in 2017, the dollar value of distribution activity fell to $70 billion, but the other values remained the same. based on this, we could conclude that from 2016 to 2017,

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  1. 16 February, 03:09
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    Basis of the given information for an economy in 2016. Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion Gross output for this economy in 2016 equals $260 billion.
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