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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 7: B: Measuring the Economys Output
  5. Question
    Setup Corporation Buys $100,000 of Sand, Rock, and Cement to Produce
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Setup Corporation Buys $100,000 of Sand, Rock, and Cement to Produce

Question 3

Question 3

Multiple Choice

Setup Corporation buys $100,000 of sand, rock, and cement to produce ready-mix concrete.It sells 10,000 cubic yards of concrete at $30 a cubic yard.The value added by Setup Corporation is:


A) $200,000
B) $100,000
C) $300,000
D) zero dollars.

Correct Answer:

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