Assume That a Rancher Sells McDonald's a Quarter-Pound of Meat

question 64

Multiple Choice

Assume that a rancher sells McDonald's a quarter-pound of meat for $1 and that McDonald's sells you a hamburger made from that meat for $2. In this case, the value included in GDP should be:

• A) $0.50.
• B) $1.
• C) $2.
• D) $3.

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Definitions:

Serosa

A smooth membrane consisting of a layer of cells that secrete serous fluid, lining various cavities and organs in the body, including the abdomen.

Muscularis

The muscularis is a layer of muscle found in various organs such as the gastrointestinal tract, responsible for movement and peristalsis.

Enteric Nervous System

A part of the nervous system that directly controls the gastrointestinal system, functioning independently of the central nervous system.

CNS

CNS, or Central Nervous System, refers to the complex part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out signals.