Consider a bakery that buys flour to bake cakes. Which of the following statements is true?
A) The value of the cake and the flour used to make the cake are counted as part of GDP.
B) Only the value of the cake is counted in GDP.
C) Only the value of the flour used to make the cake is counted in GDP.
D) Only the difference between the value of the cake and the value of the flour is counted in GDP.
Correct Answer:
Verified
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Exhibit: Real
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