Tom is an organic gardener. For several years, he produced only for his own consumption. Last year, he sold his vegetables at a farmer's market. This year, he sold all of his vegetables to a company producing organic vegetable soup. When is the value of Tom's vegetables included in GDP?
A) None of his production is included in GDP, since it is considered home production.
B) Only when he sells his vegetable at the farmer's market.
C) Only when he sells his vegetables to the organic soup company.
D) When he sells his vegetables at the farmer's market and when he sells the vegetables to the organic soup company.
Correct Answer:
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