Multiple Choice
Gerry grows marijuana plants from his own seeds in the forest behind his house. He sells 20 kilograms of plants to Smokey Joe for $4,000. Joe spends $200 on baggies for packaging, and resells the marijuana on the street for $6,000. Gerry's value added is
A) $4,000.
B) $5,800.
C) $6,000.
D) $1,800.
E) $10,200.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: Technological change is represented on a macro
Q79: Intermediate products and services are not counted
Q80: Which is business investment (I) spending?<br>A) The
Q81: A depression is defined as three or
Q82: In 2015, Adanac produced 20 kilos of
Q84: If real GDP is $200 billion but
Q85: Real GDP subtracts the costs of damage
Q86: Differences in nominal GDP between years can
Q87: If real GDP is $200 billion but
Q88: In 2015, Adanac produced 20 kilos of