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If, in 2016, an Economy's Total Production Was 50 Bushels

Question 216

Multiple Choice

If, in 2016, an economy's total production was 50 bushels of soybeans at $20 each and 40 gallons of honey at $15 per gallon, its gross domestic product would be


A) $400.
B) $600.
C) $1,000.
D) $1,600.

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