Farmer John Produces Oranges

question 79

Multiple Choice

Farmer John produces oranges.He sells half of his inventory to people at his roadside stand for $20,000 and sells the other half to Tropicali for $15,000.Tropicali uses the oranges to make orange juice,which it sells to consumers for $25,000.The impact of these transactions on gross domestic product (GDP) is

• A) $20,000.
• B) $45,000.
• C) $60,000.
• D) $30,000.
• E) $25,000.

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