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c. The table below describes all economic activity in an economy that consists of a Baker, a Cheese Maker, and a Pizza Maker. The Baker

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c. The table below describes all economic activity in an economy that consists of a Baker, a Cheese Maker, and a Pizza Maker. The Baker sells all of her output to the Pizza Maker. The Cheese Maker sells some of his output to the Baker, some of his output to the Pizza maker, and some of his output to the public as a final good. The Pizza maker sells all of her output to the public as a final good. Cheese Maker Cost of in uts $0 Wages $60 $40 $80 Value of output $120 $80 $180 Using the intormation in the table: i. Calculate GDP as spending on final goods and services. DP=[80-(140-120)+180]=240 Given above. calculate GDP if the cheese maker purchases $10 of inputs from a firm that sells all of its output to the cheese maker? all other information is given in the table

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