Question Two Bone Patience Tumba Is A Wheat Farmer Who Sells A Bushel Of Wheat To Millers For K10 00 The Miller Turns T 1 (23.18 KiB) Viewed 17 times
Question Two Bone Patience Tumba Is A Wheat Farmer Who Sells A Bushel Of Wheat To Millers For K10 00 The Miller Turns T 2 (23.18 KiB) Viewed 17 times
Question two bone Patience Tumba is a wheat farmer who sells a bushel of wheat to millers for K10.00. The miller turns the wheat into flour and then sells the flour to a baker for K30.00. The baker uses the flour to make bread and sells the bread to a student for K60,00. The student eats the bread. a) What is the value added by each person? Calculate GDP. (10 marks) b) Discuss the three methods of measuring National Income. (10 marks)) Question three
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