Selling price of wheat by miller= $90
Selling price of flour by miller= $145
Selling price of bread by baker = $155
In this economy the GDP is $155 because it is the final price he got for the wheat.
So the miller initially had $90 and sold the flour for $145, so he gets an additional 145 - 90 that is $55 gain
Now the baker have $145 and makes the bread and sell it for $155, so he 155 - 145 that is $10 extra.
Adding up all these profit amount 90 + 55 + 10 again making it 155 which is GDP.
Answer:
“Gentlemen may cry, Peace, Peace . . . .” (paragraph 6)
Explanation:
In his speech, Henry vilifies England and portrays it as a nation that has been exploring and refusing to listen to the claims for peace and partnership that America has issued. However, Henry accepts the opposition's arguments that America does not have enough to fight England. He accepts that America may be weaker, but he rejects the argument that Americans should cry out for peace, since that outcry has already been made and has been completely ignored. Henry claims that America's only option is to allow war and fight, as it was England itself that caused it.
Answer: Catalonia is well developed economically compared to other regions in Spain.
Explanation:
The answer lies in China’s five-year plans. Inspired by the Soviets, the Chinese focused on heavy industry and slowly developed their economy. With each subsequent five-year plan, the government improved the country’s industrial and service output and liberalized the economy.
