If a Timber Yard Sells R₁9 000 of Timber to a Carpenter

question 59

True/False

If a timber yard sells r₁9 000 of timber to a carpenter and the carpenter uses the timber to build a wooden house which he sells for R95 000, the contribution to GDP is r₁14 000.

---

Definitions:

Coding Solution

The development of computational codes or algorithms to resolve a specific problem or to perform a particular task.

Team Scaling Fallacy

The mistaken belief that increasing the size of a team will linearly increase its productivity.

Labor Hours

The total number of hours worked by employees within a specific period, commonly used as a measure of labor productivity or to calculate labor costs.

Team Size

The number of members in a team, which can influence the team's dynamics, communication, and overall effectiveness.