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Suppose We Have the Following Information About a Car Manufacturer

Question 47

Multiple Choice

Suppose we have the following information about a car manufacturer: car sales $1000M,steal purchases $600M,wages $300M,interest on business loans $50M,and profits $50M. What is its contribution to GDP using the product approach?


A) $1000M
B) $600M
C) $400M
D) $350M

Correct Answer:

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