In the process of calculating the production of the economy of the United States, which of the following must be taken into account? a. The fact that some of the goods that people buy are shipped to the United States from abroad b. The fact that some of the goods produced in the economy are shipped to other countries e. The fact that some goods are used as inputs into the production of other goods, like hamburgers d. All of the above e. Only a and b

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter5: Introduction To Macroeconomics
Section: Chapter Questions
Problem 1.1P
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In the process of calculating the production of the economy of the United States, which of the following must be taken into
account?
Ca. The fact that some of the goods that people buy are shipped to the United States from abroad
b. The fact that some of the goods produced in the economy are shipped to other countries
c. The fact that some goods are used as inputs into the production of other goods, like hamburgers
d. All of the above
e. Only a and b
Transcribed Image Text:In the process of calculating the production of the economy of the United States, which of the following must be taken into account? Ca. The fact that some of the goods that people buy are shipped to the United States from abroad b. The fact that some of the goods produced in the economy are shipped to other countries c. The fact that some goods are used as inputs into the production of other goods, like hamburgers d. All of the above e. Only a and b
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