In 2014,a Farmer Grows and Sells $3 Million Worth of Corn

question 117

Multiple Choice

In 2014,a farmer grows and sells $3 million worth of corn to Big Flakes Cereal Company.Big Flakes Cereal Company produces $8 million worth of cereal in 2014,with sales to households during the year of $7 million.The unsold $1 million worth of cereal remains in Big Flake Cereal Company's inventory at the end of 2014.The transactions just described contribute how much to GDP for 2014?

• A)$3 million
• B)$7 million
• C)$8 million
• D)$11 million

---

Definitions:

Big Five

A personality model that outlines five broad dimensions of human personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Researchers

Scientists who study the characteristics that make individuals unique and the processes that influence personality development.

Neuroticism

A trait in personality psychology referring to the tendency to experience negative emotions such as anxiety, anger, or depression more frequently and intensely than others.

Big Five

Refers to the five broad personality traits described by psychology: openness, conscientiousness, extraversion, agreeableness, and neuroticism.