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    Macroeconomics Study Set 1
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    Exam 2: Measurement
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    Jim's Nursery Produces and Sells $1100 Worth of Flowers
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Jim's Nursery Produces and Sells $1100 Worth of Flowers

Question 41

Question 41

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 contribution to GDP is


A) $900.
B) $1000.
C) $1100.
D) $1800.
E) $2000.

Correct Answer:

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