Answer to Question #221755 in Macroeconomics for Ethel

Question

what is the aggregate of the services of a physician in a hospital and the 1,000 kilos of tomatoes in a particular year if the physician receives 100,000 per month and the price of tomatoes balloon to 100 per kilo?

Answer 1

Total amount of tomatoes in a year$= 1,000 × 100=100,000$

Physician total amount in a year $= 100,000×12=1,200,000$

Aggregate of services $= 1,200,000-100,000=1,100,000$