Question: Intelligence Incorporated produces 100 computer chips and sells them for $200 each to Bell Computers. Using the chips and other labor and materials, Bell produces

Intelligence Incorporated produces 100 computer chips and sells them for $200 each to Bell Computers. Using the chips and other labor and materials, Bell produces 100 personal computers. Bell sells the computers, bundled with software that Bell licenses from Microsoft at $50 per computer, to PC Charlie's for $800 each. PC Charlie's sells the computers to the public for $1,000 each.

a)Calculate the total contribution to GDP using the value-added method.

b) Calculate the total contribution GDP by summing up the market values of final goods and services?

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