A Guitar Is Produced in California Using $100 in Raw

question 156

Multiple Choice

A guitar is produced in California using $100 in raw materials and sells for $300 in a guitar shop. Each guitar that is produced contributes _____ to U.S. GDP.

• A) $100
• B) $200
• C) $300
• D) $400

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Definitions:

Lines Of Command

The hierarchical structure within an organization that dictates who is in charge of whom and who makes decisions.

Critical Thinking

The ability to evaluate evidence completely and objectively in order to form logical conclusions and make sound recommendations.

Evaluate Evidence

The process of examining and assessing information or data to form a judgment or conclusion.

Sound Recommendations

Advice or suggestions that are sensible, reliable, and well-founded.