Farmer Bill Grows Wheat and Sells It to the Miller

question 7

Multiple Choice

Farmer Bill grows wheat and sells it to the miller for $50,000.The miller turns it into flour and sells it to the bakery for $75,000.The bakery uses the flour in the bread that it sells to people for $90,000.The total contribution to GDP is:

• A) $90,000.
• B) $75,000.
• C) $50,000.
• D) $25,000.
• E) $215,000.

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Definitions:

Prn

An abbreviation for "pro re nata," a Latin phrase meaning “as the situation demands” used in healthcare to instruct that medication should be taken as needed.

Sig

A term used in prescriptions, derived from "Signa," indicating the dose, frequency, and manner of taking a medication.

Against

In opposition to or in competition with; denotes a contrasting or conflicting situation.

Milliliter

A unit of volume in the metric system, equivalent to one-thousandth of a liter, commonly used to measure liquids.