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A Chinese Restaurant Buys 1 Pound of Rice for $1;

Question 4

Multiple Choice

A Chinese restaurant buys 1 pound of rice for $1; soy, fish and oyster sauces for $1 each; and assorted vegetables for $20. They create 10 meals with these ingredients and sell each meal for $5. How much does this process contribute to GDP?


A) $23
B) $50
C) $73
D) $27

Correct Answer:

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