How much transactions contribute to gdp of the united states


Question: In 2011, a large farm in New Jersey grows blueberries which it sells for 200,000 to a commercial banking company in New York. The baking company uses the blueberries to make blueberry pies which it then packages and sells to retail stores in New York and Boston for $450,000. The retail stores label the blueberry pie boxes and sell the pies to customers for $520,000. All transactions take place in 2011. How much do the described transactions contribute to the GDP of the United States in 2011? Group of answer choices $200,000 $450,000 $520,000 $650,000 $1,170,000

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Accounting Basics: How much transactions contribute to gdp of the united states
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