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    Exam 6: Up Around the Circular Flow: Gdp, Economic Growth, and Business Cycles
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    Andrea Pays Ted $900 to Build a Fence at Her
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Andrea Pays Ted $900 to Build a Fence at Her

Question 160

Question 160

Multiple Choice

Andrea pays Ted $900 to build a fence at her home. Ted spends $500 at Home Depot for wood and nails, pays his assistant $100 and keeps the remaining money. Ted's value added is


A) $300.
B) $400.
C) $900.
D) $500.
E) $100.

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