If the price of a hat is five times the price of a pair of shoes, then a pair of shoes contributes

A) exactly one-fifth as much to GDP as does a hat.
B) more than one-fifth as much to GDP as does a hat.
C) less than one-fifth as much to GDP as does a hat.
D) exactly five times as much to GDP as does a hat.

GDP

The Gross Domestic Product represents the sum of the market or monetary value of every finished product and service made inside a nation's boundaries over a particular time frame.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Price of Hat

The cost assigned to a hat, determined by various factors including materials, production costs, brand, and market demand.