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Question - Whip-It manufactures blenders. In 2016 it had $50,000 of blenders in inventory. In 2017 it sold $300,000 of blenders to consumers and had $40,000 of blenders in inventory. How much did blenders produced by Whip-It add to GDP in 2017?
a. $340,000
b. $310,000
c. $300,000
d. $290,000
Interest on general long-term debt would be recorded as an expenditure in which of the financial statements? Statement of activities.
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Brenda and Dev, receive cash distributions of $20,000 each. How much of each class of income is deemed to have been distributed to Brenda? To Dev
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