If a Timber Yard Sells €1,000 of Timber to a Carpenter

question 25

True/False

If a timber yard sells €1,000 of timber to a carpenter and the carpenter uses the timber to build a garage which he sells for €5,000, the contribution to GDP is €6,000.

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Definitions:

Tender

Showing gentleness, kindness, and affection; soft or delicate in substance.

Soothing Care

Providing comfort and reassurance through gentle actions and compassion, often to calm or pacify.

Ignore

To deliberately pay no attention or give no response to something or someone.

Spoiling

Overindulgence or excessive leniency in treating a person, typically a child, often resulting in a lack of discipline or self-control in the individual being spoiled.