Homework Answers
D) $48,000
$4,000 worth of inventory to be sold in 2010 will not be counted for GDP calculation of 2009.
GDP addition by Cowhide Inc in 2009= 16*1000=$16,000
GDP addition by Couches Inc in 2009= Value of output-Intermediate consumption=$3,000*16-(16*$1000)=$32,000
Total GDP for 2009= $32,000+ $16,000= $48,000
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