Essay
Pete the Pizza Man produced $87 thousand worth of pizzas in the past year.He paid $39 thousand to employees,paid $11 thousand for vegetables and other ingredients,and paid $5 thousand in taxes.He began the year with ingredient inventories valued at $1 thousand,and ended the year with inventories valued at $2 thousand.What was Pete's (and his employees')total contribution to GDP this year?
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$87 thousand - $11 thousand pa...View Answer
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