Review Question 1 Multiple Choice 1 of 1 point(s) One bag of flour is sold for $1.50 to a bakery, which uses the flour to bake bread that is sold for…

Review Question 1 Multiple Choice 1 of 1 point(s) One bag of flour is sold for $1.50 to a bakery, which uses the flour to bake bread that is sold for $4.00 to consumers. A second bag of flour is sold to a consumer in a grocery store for $2.00. Taking these three transactions into account, what is the effect on GDP? Your Answer: Correct Answer: GDP increases by $6.00. GDP increases by $6.00. Feedback: Feedback not available until question is graded. Question 2 Multiple Choice How is Net National Product (NNP) calculated?

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