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The Total Value of Inputs Used in the Production of 100,000

Question 4

Multiple Choice

The total value of inputs used in the production of 100,000 units of a good manufactured in a country is $150,000.Assume that the country produces only this good and each unit of the good sells for $10.What is the GDP of the country?


A) $1,000,000
B) $1,150,000
C) $150,000
D) $250,000

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