In 2008,the Ace Card Company Produced $10 Million Worth of Playing

question 145

Multiple Choice

In 2008,the Ace Card Company produced $10 million worth of playing cards.Because of strong consumer demand for their product in 2008,Ace sold $12 million worth of cards,reducing their inventories by $2 million.How much value did Ace add to GDP in 2008?

• A) $2 million
• B) $8 million
• C) $10 million
• D) $12 million
• E) $14 million

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