In 2008,the Ace Card Company produced $10 million worth of playing cards.Because of strong consumer demand for their product in 2008,Ace sold $12 million worth of cards,reducing their inventories by $2 million.How much value did Ace add to GDP in 2008?
A) $2 million
B) $8 million
C) $10 million
D) $12 million
E) $14 million
Correct Answer:
Verified
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