Assume that a grower of flower bulbs sells its annual output of bulbs to
an Internet retailer for...

Question

Assume that a grower of flower bulbs sells its annual output of bulbs to
 an Internet retailer for $70,000. The retailer, in turn, brings in 
$160,000 from selling the bulbs directly to final customers.What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?

David · Accepted Answer

Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for 
$70,000. The retailer, in turn, brings in $160,000 from selling the bulbs directly to final 
customers.

Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for $70,000. The retailer, in turn, brings in $160,000 from selling the bulbs directly to final customers....

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