One bag of coffee beans is sold for $7 to a coffee shop that uses it to brew coffee which it sells to customers for a total of $15. the second bag of coffee beans is sold directly to joan for $9, who uses it to brew coffee for her family every morning. what is the contribution to gdp from the purchases of coffee beans and coffee?

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24-06-2018
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One bag of coffee beans is sold for $7 to a coffee shop that uses it to brew coffee which it sells to customers for a total of $15. the second bag of coffee beans is sold directly to joan for $9, who uses it to brew coffee for her family every morning. what is the contribution to gdp from the purchases of coffee beans and coffee?

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ahmedishaal ahmedishaal · Answer 1 · 2018-07-03T09:29:04+02:00

The answer is"$24".

This is how we calculate this;
One bag of coffee beans is sold for $7 to a coffee shop
which it sells to customers for a total of = $15
second bag of coffee beans is sold directly to joan for = $9

contribution to gdp from the purchases of coffee beans and coffee =
$15 + $9 = $24

Gross Domestic Product (GDP) is the broadest quantitative measure of a country's aggregate financial action. More particularly, GDP represents the money related estimation everything being equal and administrations created inside a country's geographic outskirts over a predetermined time frame.