If an automobile manufacturer pays $200 for a car windshield,$400 for four car tires,$100 for a car CD player,and sells cars made with these parts for $20,000,then each car the automobile manufacturer sells contributes how much to GDP?
A) $19,300.
B) $20,000.
C) $20,200.
D) $20,400.
E) $20,700.
Correct Answer:
Verified
Q2: Factories and machines are examples of
A) consumption
Q3: Educational services provided by public schools are
A)
Q4: Intermediate goods and services are _ production
Q5: Long-lived goods used for producing other goods
Q6: Capital goods are
A) long-lived goods used for
Q7: _ is/are the market value of final
Q8: Suppose that the total production of an
Q9: Gross domestic product (GDP)equals the _ of
Q10: If Bountiful Orchard grows $100,000 worth of
Q11: If the Citrus Growers Association grows $1
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents