ECON.TODAY (COMPLETE)-TEXT ONLY
ECON.TODAY (COMPLETE)-TEXT ONLY
18th Edition
ISBN: 9780133882285
Author: Miller
Publisher: PEARSON
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Chapter 8, Problem dFCT
To determine

To show:

The reasons for which the annual GDP level shown below is more than the levels of GDP for many individual US states.

Metropolitan Area GDP ($billions) per year
New York City 1358.4
Los Angeles 765.8
Chicago 571.0
Houston 449.4
Washington DC 448.7
Dallas 420.3
Philadelphia 364.0
San Francisco 360.4
Boston 336.2
Atlanta 294.6

Source: Bureau of Economic Analysis

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