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Business, 10.03.2020 00:59 bunbun2913

The country of Alaine produces 1,000 tons of corn during a year. It is valued at $500 per ton. A lobbyist for the corn industry in Alaine argues that the total value of corn production should be included in the country's GDP for the same year. The lobbyist's claim is based on the assumption that A. Alaine is the only country that produces corn. B. Alaine does not export corn to other countries. C. domestic production is insufficient to meet the domestic demand for corn. D. corn is not used in the production of other goods. E. only a part of the total corn produced every year is consumed in the same year.

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The country of Alaine produces 1,000 tons of corn during a year. It is valued at $500 per ton. A lob...
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