Multiple Choice
If Dell buys a computer from a foreign producer for $500 and sells it to Best Buy for $800,who then sells it to a consumer for $1,200,what is Dell's value added,Best Buy's value added,and the computer's contribution to GDP?
A) $300, $400, and $1,200
B) $300, $700, and $1,000
C) $300, $400, and $700
D) $800, $1,200, and $400
Correct Answer:

Verified
Correct Answer:
Verified
Q21: The following table contains statistics for the
Q22: A French tourist spent $1,200 in the
Q23: Polonia produces two goods,X and Y.The quantity
Q24: Explain the concept of an identity.
Q25: The following table provides data for the
Q27: GDP is a measure of _,not a
Q28: Scenario: A typical resident of the country
Q29: Which of the following will lead to
Q30: The country described in the table below
Q31: The table below contains data for the