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.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
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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
С.
$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
O b
it to save and submit. Click Save All Answers to save all answers.
Transcribed Image Text: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 С. $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 O b it to save and submit. Click Save All Answers to save all answers.
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