According to the Figure above, what percentage of economic activity occurs outside of the sphere(s) where goods and services are exchanged for profitable sale?

Enter the answer as an integer in the blank available.

Question

According to the Figure above, what percentage of economic activity occurs outside of the sphere(s) where goods and services are exchanged for profitable sale?

Enter the answer as an integer in the blank available.

BlackTom AI · Accepted Answer

The question asks for the share of economic activity that lies outside the sphere where goods and services are exchanged for profit.
First, identify the profit-exchange sphere from the chart: the Business Sphere accounts for 64% of economic activity.
Next, determine the portion outside this sphere by adding the other two areas shown: Core Sphere is 21% and Public Purpose Sphere is 15%.
Compute the outside percentage: 21% + 15% = 36%.
Thus, 36% of economic activity occurs outside the profitable sales sphere.
Note: this interpretation relies on summing all non-profitable spheres shown in the chart to obtain the portion outside the business/exchange-for-profit sphere.

ECON 2010-090 Summer 2025 Quiz 1 Due May 22nd

According to the Figure above, what percentage of economic activity occurs outside of the sphere(s) where goods and services are exchanged for profitable sale? Enter the answer as an integer in the blank available.

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