Why are agricultural cash receipts different from agricultural GDP? » HSC U.S. Economy MCQ » MCQ Academy

U.S. Economy

Why are agricultural cash receipts different from agricultural GDP?

Cash receipts count only farm land area.
GDP counts only rainfall.
Cash receipts track producer sales, while GDP measures value added.
They are exactly the same measure.

Cash receipts count only farm land area.
GDP counts only rainfall.
Cash receipts track producer sales, while GDP measures value added.
They are exactly the same measure.

Note

Cash receipts track producer sales, while GDP measures value added. is correct. Agricultural cash receipts measure sales received by producers and are not the same as agricultural GDP.

Tags: California Agriculture, California Economy, California Facts

Note

Leave a Reply Cancel reply