Solved

Wholesome Wheat Bakery Buys $10

Question 58

Multiple Choice

Wholesome Wheat Bakery buys $10.00 worth of flour from Mikes' Mill and uses the flour to make bread.Wholesome Wheat sells the bread to the public for $22.00.Taking these two transactions into account,what is the effect on GDP?


A) GDP increases by $10.00
B) GDP increases by $12.00
C) GDP increases by $22.00
D) GDP increases by $32.00

Correct Answer:

verifed

Verified

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

Related Questions