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If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?
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If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?
A. Rs50
B. Rs100
C. Rs650
D. Rs500
Correct Answer:
Rs50
✔
Last Updated:
June 18, 2019