Suppose that mr. green jeans sells $5,000 of wheat to big ben bakery. big ben uses the wheat to make flour and then hamburger buns, which it sells to hamburger heaven for $11,000. hamburger heaven also buys $20,000 of beef from a rancher. hamburger heaven uses the beef and buns to make 10,000 hamburgers, which are sold for $5 each. how much do these transactions add to gdp?
a) $86,000
b) $50,000
c) $36,000
d) $31,000

correct option is b) $50,000

Explanation:

given data

sells wheat = $5,000

sells flour = $11,000

buy beef = $20,000

hamburgers = 10,000

hamburgers sold = $5 each

to find out

transactions add to GDP

solution

we know that here  transactions add to GDP is $50,000

because GDP is the value of the final goods and sale service produced in the any domestic country in a year

so here GDP add is $50,000

so correct option is b) $50,000

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answerit is the safest endorsement for business;