If a company produces $30 million worth of pottery, 30 percent of which is sold on the domestic market and 70% which is exported overseas, then GDP…
Q2. If a company produces $30 million worth of pottery, 30 percent of which is sold on the domestic market and 70% which is exported overseas, then GDP
a. Increases by $30 million.
b. Increases by $9 million (30% of $30 million)
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d. Does not change
e. None of the above.
Please explain the reason.