QUESTION 17 A dairy buys $100,000 worth of milk and spend $10,000 on cartons and utilities. It sells the cartons of milk to a grocery store for $120,000 that then sells all of the cartons to consumers for $130,000. How much do these actions add to GDP? a. $110,000 b. $220,000 C. $130,000 d. None of the above are correct. O a O d QUESTION 18 Which of the following domestically produced items is not included in GDP? a. a deodorant b. a hairdryer C. a haircut d. All of the above are included in GDP a O b d. AlL Answers to save all answers.
QUESTION 17 A dairy buys $100,000 worth of milk and spend $10,000 on cartons and utilities. It sells the cartons of milk to a grocery store for $120,000 that then sells all of the cartons to consumers for $130,000. How much do these actions add to GDP? a. $110,000 b. $220,000 C. $130,000 d. None of the above are correct. O a O d QUESTION 18 Which of the following domestically produced items is not included in GDP? a. a deodorant b. a hairdryer C. a haircut d. All of the above are included in GDP a O b d. AlL Answers to save all answers.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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