How much would the production of a kayak add to GDP if the shell costs $250,the paint costs $20,the finisher costs $35,the manufacturer sold it to the dealer for $500,and the dealer sold it to his customer for $800?

Question

Quizplus · Accepted Answer

GDP is calculated based on the final sale price of goods and services. In this case, the kayak's final sale price to the customer is $800, which is the amount added to GDP.

How Much Would the Production of a Kayak Add to GDP