Multiple Choice
Jim's Nursery produces and sells $1100 worth of flowers.Jim uses no intermediate inputs.He pays his workers $700 in wages,pays $100 in taxes and pays $200 in interest on a loan.Jim's profit is
A) $100.
B) $200.
C) $400.
D) $800.
E) $1000.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: In Canada,real GDP is currently calculated using<br>A)
Q28: If a particular measure of real GDP
Q29: For the following question(s), suppose an economy
Q30: Construction of chain-weighted real GDP employs the
Q31: For the following question(s), suppose an economy
Q33: Investment spending is<br>A) a smaller share of
Q34: For the following question(s), suppose an economy
Q35: What is the difference between real and
Q36: GDP is published by Statistics Canada as
Q37: Which of the following represents a measurement