contestada

A farmer sells $25,000 worth of apples to individuals who take them home to eat, $50,000 worth of apples to a company that uses them all to produce cider, and $75,000 worth of apples to a grocery store that will sell them to households. how much of the farmer's sales will be included as apples in gdp?

Respuesta :

75 000 will be APPLES in GDP

The gross domestic product only includes apples that a farmer sells for $25,000 to people who then consume them at home.

What do you mean by GDP?

GDP calculates the monetary worth of finished goods and services or those that are purchased by the end user and produced in a nation over a specified period. It records all production that takes place within a nation's boundaries.

Thus, The market worth of all finished goods and services generated by a nation is measured in dollars as its gross domestic product (GDP). In this case, the farmer sells apples for a total of $25,000 to people who buy them to eat at home. Sales worth $50,000 for more cider production and $75,000 to grocers for resale are not final sales, thus only $25,000 would be counted toward GDP.

Learn more about Gross Domestic Product here:

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