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Suppose Appliance Mart Buys a Used Refrigerator for $100,repairs It,and

Question 59

Multiple Choice

Suppose Appliance Mart buys a used refrigerator for $100,repairs it,and resells it for $250.The result of this transaction is to


A) increase the value of national product by $250.
B) leave the value of national product unchanged.
C) increase the value of national product by $150.
D) decrease the value of national product by $100.
E) There is insufficient information to know.

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