Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells

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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 $600. Donita sells the dresses for $1,000 to kids attending the prom. The total contribution to GDP of this series of transactions is:

a. $1,900.

b. $2,000.

c. $400.

d. $1,000.

Posted Date: Jun 12, 2024 08:06 PM

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Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells

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