Multiple Choice
Tom is an organic gardener. For several years, he produced only for his own consumption. Last year, he sold his vegetables at a farmer's market. This year, he sold all of his vegetables to a company producing organic vegetable soup. When is the value of Tom's vegetables included in GDP?
A) None of his production is included in GDP, since it is considered home production.
B) Only when he sells his vegetable at the farmer's market.
C) Only when he sells his vegetables to the organic soup company.
D) When he sells his vegetables at the farmer's market and when he sells the vegetables to the organic soup company.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: For an economy as a whole,<br>A)the market
Q3: Which of the following topics are more
Q14: If foreign citizens earn less income in
Q15: If the prices of all goods and
Q30: In 2011 a country had a real
Q31: Identify the immediate effect of each of
Q39: Which of the following is not included
Q48: If a state made a previously-illegal activity,such
Q65: For monitoring fluctuations in the national economy,which
Q150: While GDP includes tangible goods such as