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One Bag of Oranges Is Sold for $6

Question 275

Multiple Choice

One bag of oranges is sold for $6.00 to a company that turns them into juice which is sold to consumers for $12.00. Another bag of oranges is purchased by a grocery store for $6.00 who then sells it to a consumer for $7. Taking these four transactions into account, how much is added to GDP?


A) $31
B) $25
C) $19
D) None of the above is correct.

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