Bob's Barber Shop cut 3,000 heads of hair in 2009 and 3,100 in 2010. The price of a haircut was $7 in 2009 and $8 in 2010. If 2009 is the base year, what was Bob's contribution to real GDP in the year 2010?
A) $21,000
B) $21,700
C) $24,000
D) $24,800
Correct Answer:
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