If the price of a dress is three times the price of a pair of shoes,then a pair of shoes contributes
A)exactly one-third as much to GDP as does a dress.
B)more than one-third as much to GDP as does a dress.
C)less than one-third as much to GDP as does a dress.
D)exactly one-fourth as much to GDP as does a dress.

Question

Quizplus · Accepted Answer

If the price of a dress is three times the price of a pair of shoes, then the pair of shoes contributes exactly one-third as much to GDP as the dress does, since GDP is calculated based on the market value of goods and services.

If the Price of a Dress Is Three Times the Price