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The Farmer Pays 15 Cents for Wheat Seeds

Question 105

Multiple Choice

The farmer pays 15 cents for wheat seeds. When the wheat is grown and harvested, the farmer sells it to the miller for 30 cents, who makes flour and sells the flour to the baker for 60 cents. The baker makes bread and sells it to the grocer for 90 cents, and the grocer sells it to a family for $1.25. The contribution to GDP is


A) 35 cents.
B) $1.25.
C) $1.95.
D) $3.20.

Correct Answer:

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