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Hello! I have a test coming up on thursday and I don't know how to solve these problems. Can anyone help ? Thank you Unanswered
Hello! I have a test coming up on thursday and I don't know how to solve these problems. Can anyone help ?
Unanswered Question 10 0/1 pts Table 8-5 Stage of Production Seller 1 Steel mill 2 Auto manufacturer 3 Auto dealer Buyer Auto manufacturer Auto dealer Consumer Price $10,000 18,000 25,000 Consider the table above showing three stages of production of an automobile. Refer to Table 8-5. The value of each automobile in gross domestic product equals $7,000 $15,000 $18,000 Correct Answer $25,000 Question 11 0/1 pts Which of the following is included in gross domestic product for an economy in a given year? the value of intermediate goods produced in that year the value of used goods sold in that year Correct Answer the value of final goods produced in that year You Answered All of these would be included in gross domestic product for an economy in a given year Thank you
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