Solved

You Are a Baker

Question 70

Multiple Choice

You are a baker. You paid $150K in wages,$50K for dough,$20K for power,$5K in interest for a business loan,$25K in taxes,and made a profit of $10K. How much did you contribution to GDP using the product approach?


A) $80K
B) $85K
C) $190K
D) $260K

Correct Answer:

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