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Amy has a card shop. She receives a shipment of Valentine's Day cards in December 2011 made by a card manufacture in that month. Amy pays the wholesale distributor of the cards a total of $500. In February 2012, she sold all the cards for a total of $800. What are the contributions of these transactions to GDP in 2011 and 2012?

Microeconomics, Economics

  • Category:- Microeconomics
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