Solved

Suppose That Apple Computer Buys Computer Components for $10,000 and Uses

Question 23

Multiple Choice

Suppose that Apple computer buys computer components for $10,000 and uses them to make ipods that they sell to Best Buy for $30,000.Best Buy sells these ipods for $32,000.As a result,GDP has risen by:


A) $22,000
B) $2,000
C) $20,000
D) $32,000

Correct Answer:

verifed

Verified

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

Related Questions

Q18: The period between a business cycle peak

Q19: The broadest measure of the aggregate price

Q20: In the U.S.,government expenditure accounts for<br>A)10% of

Q21: Based on the data in Table 2-7,recessions

Q22: In the base year,the relationship between nominal

Q24: Business fixed investment<br>A)includes the building of single-

Q25: Which of the following are not included

Q26: In the U.S.,the largest share of national

Q27: Personal income equals personal disposable income plus<br>A)payroll

Q28: National income is defined as gross national