menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Theories and Policies
  4. Exam
    Exam 2: Measurement of Macroeconomic Variables
  5. Question
    Suppose That Firestone Tires Buys Raw Rubber for $5,000 and Then
Solved

Suppose That Firestone Tires Buys Raw Rubber for $5,000 and Then

Question 41

Question 41

Multiple Choice

Suppose that Firestone Tires buys raw rubber for $5,000 and then uses this to make tires it sells for $20,000.As a result,GDP has risen by:


A) $20,000
B) $5,000
C) $15,000
D) $25,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q36: Potential output<br>A)is defined as the level of

Q37: If the nominal GDP is $12,000 in

Q38: Which of the following would be included

Q39: If a US citizen is employed by

Q40: The investment component of GDP includes<br>A)residential construction

Q42: Gross domestic product includes<br>A)all intermediate and final

Q43: Which of the following are not included

Q44: Chain-weighted GDP deflator inflation differs from GDP

Q45: The index that measures the change in

Q46: Which of the following is true about

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines