Social Studies, 10.03.2021 14:50 danielaguardado63
Intelo Incorporated produces 100 computer chips and sells them for $200 each to Bell Computers. Assume the inputs of Intelo Inc. are costless. Using the chips and other labor and materials, Bell produces 100 personal computers. Bell sells the computers, bundled with software that Bell licenses from Macrosoft at $50 per computer, to PC Charlie’s for $800 each. PC Charlie’s sells the computers to the public for $1,000 each. Calculate the total contributions to GDP using the value-added approach.
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