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Sindrei [870]
4 years ago
8

A farmer grows wheat and sells it to a miller for $200; the miller turns the wheat into flour and sells it to a baker for $500;

the baker uses the flour to make bread and sells the bread for $900. The total GDP for this economy is:_______
Business
1 answer:
Lostsunrise [7]4 years ago
7 0

Answer:

The right solution is "$900".

Explanation:

  • GDP seems to be the cash value of all finished goods products as well as services produced in something like a single year throughout a region. The farmer develops wheat here though and markets these for $200 to such a miller.  
  • The miller transforms the wheat into flour which offers something for $500 to something like a baker. After that, the final good becomes bread.  

Thus, the GDP seems to be $900.

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inherent agency power

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pls mark brainliest

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Prior to the receipt of the bond proceeds, Oxford needed funds and went to United Southern Bank to borrow $600,000 in bond antic
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