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sinerus sinerus
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6 years ago
A rancher raises sheep. Once a year he shears them and sells the raw wool to a processor who cleans it and spins it into yarn. The yarn is then sold to a knitting mill, which produces and sells sweaters. In calculating GDP we would count
A) the raw wool, the yarn and the sweaters.
B) only the raw wool and the yarn.
C) only the yarn and the sweaters.
D) only the sweaters.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
Brilliant ツ
jamesbove
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Yesterday
This helped my grade so much Perfect
Starfiew
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2 hours ago
Thanks
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