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    Macroeconomics Study Set 68
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    Exam 7: Measuring Domestic Output and National Income
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    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 21

Question 21

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

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