Bob's Barber Shop cut 3,000 heads of hair in 2014 and 3,100 in 2015. The price of a hair cut was $7 in 2014 and $8 in 2015. If 2014is the base year, what was Bob's contribution to real GDP in 2014?

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asked Nov 11, 2020 29.3k views

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Bob's Barber Shop cut 3,000 heads of hair in 2014 and 3,100 in 2015. The price of a hair cut was $7 in 2014 and $8 in 2015. If 2014is the base year, what was Bob's contribution to real GDP in 2014?

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Axcelenator asked

by Axcelenator

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21,000 is his GDP in 2014

Artem Bozhko answered Nov 17, 2020

by Artem Bozhko

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