Solution-What amount would the two transactions add

What amount would the two transactions add

Reference no: EM13208862

Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for $70,000. The retailer, in turn, brings in $160,000 from selling the bulbs directly to final customers.

What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?

Reference no: EM13208862

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What amount would the two transactions add

Reference no: EM13208862

Reference no: EM13208862

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