Suppose a Farmer Sells a Bushel of Wheat to a Miller

question 323

Multiple Choice

Suppose a farmer sells a bushel of wheat to a miller for $1;the miller makes it into flour and sells it to a baker for $2;the baker turns it into bread and sells it to a customer for $3.Calculating GDP the contribution of transactions would be

• A)$1.00.
• B)$2.00.
• C)$3.00.
• D)$6.00.

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Definitions:

Audition

The sense or act of hearing.

Olfaction

The sense of smell, a chemical sense that detects airborne molecules and contributes to taste and environmental awareness.

Cochlear Hair Cells

Sensory cells located in the cochlea of the ear; they are essential for converting sound vibrations into electrical signals for the brain to interpret as sound.

Localize Sound

The ability of an organism to determine the origin of a sound source in its environment.