There is only one firm in a small island country. The firm produced 1,

There is only one firm in a small island country. The firm produced 1,000 units of Good X during a particular year out of which it could sell 900. If each unit of the good sells for $500, what is the gross domestic product of the country?

A) $150,000 B) $450,000 C) $40,000 D) $500,000

 

ANSWER

D

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