If an automobile manufacturer pays $200 for a car windshield, $400 for four car tires, $100 for a car CD player, and sells cars made with these parts for $20,000, then each car the automobile manufacturer sells contributes how much to GDP?
A) $19,300
B) $20,000
C) $20,200
D) $20,700
Correct Answer:
Verified
Q1: Which of the following activities is most
Q3: The market value of final goods and
Q13: _ is/are the market value of final
Q14: The value of unpaid work by a
Q17: GDP is a measure of an economy's:
A)domestic
Q23: Suppose a jar of orange marmalade that
Q32: If a pizza maker pays $1 for
Q36: The value of intermediate goods is excluded
Q48: GDP equals the value added by producers
Q51: One way to avoid counting the prices
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents