Solved

Suppose a Consumer Buys a Perfect Pizza Frozen Cheese Pizza

Question 22

Multiple Choice

Suppose a consumer buys a Perfect Pizza frozen cheese pizza at the grocery store for $10. Perfect Pizza purchased the dough and tomato sauce from a food-processing company for $2 and bought the cheese for $1. It sold the pizza to the store for $5. How much has GDP increased?


A) $2
B) $5
C) $10
D) $18

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: Which factor is NOT included in investment

Q18: Use the following to answer questions: <img

Q19: Use the following to answer question 91:

Q20: A country's GNP:<br>A) must be larger than

Q21: Use the following to answer questions: <img

Q23: Use the following to answer questions: <img

Q24: Use the following to answer questions: <img

Q25: Use the following to answer questions: <img

Q26: If the price level and nominal GDP

Q27: If real GDP falls while nominal GDP