Multiple Choice
Jodie's Bakery generates a yearly revenue of $6000.Throughout the year Jodie spends $1500 on flour,$1000 on fruit,$500 on sugar & spices,$1500 on butter,and employs an assistant whom she pays $1000.Calculate the value of the annual output produced by Jodie's Bakery using the value added method.
A) $1000
B) $1500
C) $4500
D) $5000
E) $6000
Correct Answer:

Verified
Correct Answer:
Verified
Q103: The table below shows total output for
Q104: The table below shows total output for
Q105: Suppose that in 2018,ABC Corporation produced $6
Q106: In macroeconomics,what is meant by the term
Q107: Consider the circular flow of expenditure and
Q109: GDP from the expenditure side is equal
Q110: All goods and services produced by one
Q111: In Canada,the measurement of national income and
Q112: Suppose that in 2018,Canada Cars Corporation produced
Q113: The "value added" for an individual firm