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You Spent Half the Summer Building a Garage

Question 97

Multiple Choice

You spent half the summer building a garage. You purchased tools that cost $350 and wood that cost $4,000. A contractor would charge $25 per hour for the 40 hours of work necessary to build the garage. After you build the garage, your mother gives you a present of $500 in stocks. As a result of these activities, how much does GDP rise for the current year?


A) $5,350
B) $5,850
C) $4,350
D) $4,850

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