Multiple Choice
A Chinese restaurant buys 1 pound of rice for $1; soy, fish and oyster sauces for $1 each; and assorted vegetables for $20. They create 10 meals with these ingredients and sell each meal for $5. How much does this process contribute to GDP?
A) $23
B) $50
C) $73
D) $27
Correct Answer:

Verified
Correct Answer:
Verified
Q62: We can measure total production by:<br>A) adding
Q63: A recession is characterized by:<br>A) a period
Q64: Which of the following is not included
Q65: If Italy's real GDP fell from $2.2
Q66: Anke is a German citizen who works
Q68: Which of the following is a consumption
Q69: Transfer payments are:<br>A) spending that transfers resources
Q70: If the GDP of Macroland is $250,000,000
Q71: A depression is a:<br>A) severe and extended
Q72: Which of the following is an example