The Table Below Includes Data for a One-Year Period Required

question 42

Multiple Choice

The table below includes data for a one-year period required to calculate GDP for this economy.All figures are in billions of dollars. TABLE 20-3 Refer to Table 20-3.What is the value of net domestic income at factor cost?

• A)$9244
• B)$9494
• C)$8292
• D)$8331
• E)$8167

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Definitions:

SCM

Supply Chain Management (SCM) involves overseeing and managing the flow of goods and services, including all processes that transform raw materials into final products.

Logistics

The process of planning, implementing, and controlling the efficient, effective forward, and reverse flow and storage of goods, services, and related information from point of origin to point of consumption.

Return Component

An element of a system or device that is designated to be sent back to the manufacturer or repair center for refurbishment, repair, or recycling.

SCM

Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.