Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 23 - Part VIII - Measuring a Nation's Income - Questions for Review - Page 502: 3

Answer

Contribution to GDP is $3

Work Step by Step

it is \$3 because the market value of the bread is $3, which is the final price for the good that is sold.
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