You Own a Factory That Makes Wasabi Peas

Multiple Choice

You own a factory that makes wasabi peas. Last month, you purchased $560,000 worth of wasabi paste, peas, cane sugar, palm oil and sea salt. Using these inputs, you made and sold 1 million snack bags of wasabi peas at $3.49 each. How much did GDP change?

A) GDP rises by $2,930,000.
B) GDP rises by $560,000.
C) GDP rises by $3,490,000.
D) GDP rises by $4,050,000.