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Roberta is an analyst at the Bureau of Economic Analysis, and she is in charge of determining U.S. gross domestic product (GDP). Roberta has evaluated all applicable transactions that occurred within the U.S. for the first quarter, except for four transactions. Prior to these four transactions, Roberta has GDP at $50. The four transactions are as follows: 1. Indigo Thread makes 5 pounds of cotton thread, valued at $1 per pound. 2. Indigo Thread sells 2 of its 5 pounds of cotton thread to Textile Clothing at a price of $2 per pound. 3. Textile Clothing uses both of these pounds to make 10 shirts, valued at $3 per shirt. 4. Walmart buys all 10 shirts from Textile Clothing and sells all ten of these shirts in its stores at a price of $5 per shirt. If Roberta calculates GDP correctly, then her value of U.S. GDP for the first quarter will be Group of answer choices $200 $139 $103 $100 Roberta is an analyst at the Bureau of Economic Analysis, and she is in charge of determining U.S. gross domestic product (GDP). Roberta has evaluated all applicable transactions that occurred within the U.S. for the first quarter, except for four transactions. Prior to these four transactions, Roberta has GDP at $50. The four transactions are as follows: 1. Indigo Thread makes 5 pounds of cotton thread, valued at $1 per pound. 2. Indigo Thread sells 2 of its 5 pounds of cotton thread to Textile Clothing at a price of $2 per pound. 3. Textile Clothing uses both of these pounds to make 10 shirts, valued at $3 per shirt. 4. Walmart buys all 10 shirts from Textile Clothing and sells all ten of these shirts in its stores at a price of $5 per shirt. If Roberta calculates GDP correctly, then her value of U.S. GDP for the first quarter will be Group of answer choices $200 $139 $103 $100
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Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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