Solved

Suppose We Know the Following About a Lawn Repair Business

Question 13

Multiple Choice
Suppose we know the following about a lawn repair business: wages $15,000,profits $4,000,tax $ 3,000,parts $ 9,000. What is the contribution to GDP of this business using the product approach?

Suppose we know the following about a lawn repair business: wages $15,000,profits $4,000,tax $ 3,000,parts $ 9,000. What is the contribution to GDP of this business using the product approach?


A) $31,000.
B) $27,000.
C) $26,000.
D) $22,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents