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If a Cobbler Buys Leather for R₁ 900 and Thread

Question 47

Multiple Choice

If a cobbler buys leather for r₁ 900 and thread for R950 and uses them to produce and sell R9 500 worth of shoes to consumers, the contribution to GDP is


A) R950.
B) R1 900.
C) R12 2 350.
D) R9 500.
E) R11 400.

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