Calculate sales from the following:- Net value added at FC = 600 Net addition to stocks = -40 Sales tax = 60 Depreciation = 20  Intermediate consumption = 200 All values are in dollar million Subsidy = 10

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
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Calculate sales from the following:-

Net value added at FC = 600

Net addition to stocks = -40

Sales tax = 60

Depreciation = 20 

Intermediate consumption = 200

All values are in dollar million

Subsidy = 10

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