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    Essentials of Economics Study Set 2
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    Exam 11: Measuring the Macroeconomy, Inflation, and Unemployment
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    Company X Sells Leather to Company Y for $60,000
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Company X Sells Leather to Company Y for $60,000

Question 73

Question 73

Multiple Choice

Company X sells leather to company Y for $60,000.Company Y uses the leather to make shoes,selling them to consumers for $180,000.The total contribution to GDP is:


A) $240,000.
B) $180,000.
C) $60,000.
D) $120,000.
E) $30,000.

Correct Answer:

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