kaj 14.docx - Problem Angus the sheep farmer sells wool to...

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ProblemAngus the sheep farmer sells wool to Barnaby the knitter for $20. Barnaby makes two sweaters, each of which has a market price of $40. Collette buys one of them, while the other remains on the shelf of Barnaby’s store to be sold later. What is GDP here? a. $40b. $60c. $80d. $100Step-by-step solution

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