Consider the following simplified sequence of exchanges. A logger sells an oak tree to a sawmill owner for 60. The sawmill mills it, and sells the boards to a woodworker for 80.
The woodworker makes an oak bookcase out of the boards, and sells it to a retailer for 300. The retailer then sells you the bookcase for 500. As a result, GDP increases by A) 200.
B) 300.
C) 440.
D) 500.
E) 940.
Question 2
Roughly what was the change in Columbia's per capita GDP between 1960 and 2011?
A) 25
B) 90
C) 150
D) 185
DNA Sequence
Ernst Haeckel's Tree of Life (1879)
Juglans nigra (Black Walnut tree) lower leaf surface
Tree
On May 15, 1916, after deliberating for one hour, an all-white jury in Waco, Texas, found seventeen-
Hypothetical Exchanges of Information within the Brain of a Patient with Visual Agnosia