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wheat producer grows 3 million tonnes of wheat, of which 2.5 million tonnes are sold to the bread producer at $30 per bushel, and 0.5
wheat producer grows 3 million tonnes of wheat, of which 2.5 million tonnes are sold to the bread producer at $30 per bushel, and 0.5 million tonnes are stored by the wheat producer to use as seed for next years crop. The bread producer produces and sells 100 million loaves of bread to consumers for $3.50 per loaf. Determine GDP in this economy during this year using the product and expenditure approaches.
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