Suppose a jar of DeLux popcorn that is ultimately sold to a customer at Friendly Groceries is produced by the following production process: Name of CompanyRevenuesCost of Purchased InputsCitrus Growers Inc.$0.750Florida Jam Company$2.00$0.75The Corner Store$2.50$2.00 If the corn was grown and the jar of popcorn produced in the year 2017, but the jar was sold at Friendly Groceries in the year 2018, what is the contribution of these transactions to GDP in the year 2017?

A. $0.50
B. $2.00
C. $3.00
D. $2.50

Answer: D

Economics

Bonds issued by state and local governments are called ________ bonds

A) corporate B) Treasury C) municipal D) commercial

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Economics

Perfect competition is an ideal market structure

a. True b. False Indicate whether the statement is true or false

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Economics