Multiple Choice
Which of the following would be included in GDP for the United States?
A) Toyota,a Japanese car company,producing cars in the United States
B) a U.S.professor taking a year off to teach at the London School of Economics
C) a tire manufacturer making and selling tires to Ford to be used in their new cars
D) Jane's purchase of a used car after her old car is destroyed in an accident
Correct Answer:
Verified
Correct Answer:
Verified
Q180: The value of a car produced and
Q181: A tractor built in 2001 and still
Q182: A large part of what government does
Q183: A computer chip that you purchase to
Q184: If nominal GDP grows by 3% and
Q186: The national spending approach classifies all of
Q187: In the factor income approach,income to owners
Q188: Consumption spending tends to be more stable
Q189: Which of the following is NOT included
Q190: Intermediate goods are goods:<br>A) used to produce