Multiple Choice
An automobile factory in Michigan uses $100,000 worth of parts purchased from foreign countries along with U.S.inputs to produce 30 cars worth $20,000 each.Twenty of these cars are sold and 10 are left in inventory.How much did these actions add to GDP?
A) $300,000
B) $500,000
C) $600,000
D) $700,000
Correct Answer:
Verified
Correct Answer:
Verified
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