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Arthur Sells $100 Worth of Cotton to Bob

Question 10

Multiple Choice

Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells to Camille for $300. Camille uses the cloth to make prom dresses that she sells to Donita for $700. Donita sells
The dresses for $1,200 to kids attending the prom. The total contribution to GDP of this series of
Transactions is


A) $1,200.
B) $500.
C) $2,300.
D) $1,100.

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