Table 19-1 -Refer to Table 19-1. Suppose That a Simple Economy Produces

question 199

Multiple Choice

Table 19-1

-Refer to Table 19-1. Suppose that a simple economy produces only four goods and services: sweatshirts, dental examinations, coffee drinks, and coffee beans. Assume all of the coffee beans are used in the production of the coffee drinks. Using the information in the above table, nominal GDP for this simple economy equals

• A) 3,090 units.
• B) $7,250.
• C) $8,750.
• D) $9,750.

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Definitions:

Sequencer File

A function or structure within automation software that allows for the storage, management, and retrieval of sequences of data or instructions typically used in industrial control systems.

Output Word

An output word is a digital word or signal that is produced by a computer or processor as a result of its processing and sent to output devices or other systems.

SQO Instruction

The Sequencer Output instruction in PLC programming, used for controlling a sequence of outputs based on the current step in a sequence.

Sequencer File

A file within a PLC that contains a sequence of steps or instructions that dictate the operation or control logic to automate processes.