Multiple Choice
A tire manufacturer produces 400 tires valued at $20 each.Three hundred tires are sold to a tire shop,which then sells them to households for $50 each.The remaining tires are unsold and are added to the tire manufacturer's inventory.How much is added to GDP?
A) $8,000
B) $15,000
C) $17,000
D) $13,000
Correct Answer:
Verified
Correct Answer:
Verified
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