Which manufactured car counts towards the u.s. GDP: A. Car produced in Kentucky by a Japanese company. B. Car produced in Mexico by an American company.

Q: If a surfboard is produced this year but not sold until next year, how is it counted in this year's…

A: GDP is all final value of all commodities in the market produced within a country. GDP can be…

Q: Which of the following examples is counted in the calculation of GDP of the United States? O A.…

A: GDP is Gross Domestic Product. It is the sum of production of all goods and services produced in an…

Q: Is Goss Domestic Product (GDP) is a good measure of a country’s economic well-being.

A: Concept of GDP- The economy's total income and expenditure on goods and services are measured by…

Q: What are the other methods of calculating GDP

A: GDP: The cumulative monetary or retail cost of all finished products and services made and sold…

Q: If you were in charge of regulating the way GDP is calculated, would you include illegal activities…

A: The total monetary or market worth of all finished goods and services produced within a country's…

Q: Calculate net exports if it's given that exports is $350 million and imports is $100 million

A: We need to calculate the value of net exports with given information:- Exports in the economy = $350…

Q: Indicate whether each of the following transactions is included or not included in the GDP of the…

A: Disclaimer- “Since you have asked multiple question, we will solve the first three sub parts for you…

Q: nas a very simple econ ces just appies and ofanges. It nas no imports and exports Apples Oranges…

A: Nominal GDP measures the market value (at current prices) of final goods and services produced in an…

Q: Calculate the value added by the firm if it is give that domestic sales of firm is $9000 , exports…

A: The data presented in the question is as:- Domestic sales = $9000 Exports = $3300 Purchase made by…

Q: Which of the following does NOT add to U.S. GDP? a. Air France buys a plane from Boeing, the U.S.…

A: GDP: Gross domestic Production or GDP is the final value of all the goods and services that are…

Q: Is the underground economy included in GDP?

A: Underground economy or shadow economy is the economy working under the government system that is not…

Q: 1. What is the GDP of this country for 2009? 5. What is the GDP of this country for 2010?

A: Nominal gdp is calculated on the basis of current price.

Q: What is natural GDP

A: GDP(gross domestic product): It is the sum of all the final goods and services that are produced in…

Q: Why GDP fails as a measure of well-being There is a new reason why GDP is a poor measure of economic…

A: GDP measures the value of all final goods and products that are produced in an economy in a period…

Q: Which of these will be a part of the gross domestic product? a. Income from this year’s final output…

A: The gross domestic product is the addition of the goods and services produced in the country is…

Q: Is GDP per capita a good measure of a country's standard of living? Is GDP a good measure of a…

A: Gross domestic product refers to an economic measure that is used to determine the amount of income…

Q: g. You travel to France and buy wine and cheese. h. Arçelik produced 100,000 washing machines in…

A: Gross Domestic Product (GDP) is the total value of goods and services produced within the domestic…

Q: P dose not value A Total income of everyone in the economy B Total expenditure on the economy output…

A: Gross Domestic Product GDP is the monetary value of goods and services that are produced within the…

Q: Which of the following would not be included in 2015 U.S. GDP. OCalifornia constructing a new state…

A: GDP measures the total value of all final goods and services produced in a country, in a period of…

Q: Explain why comparing the GDPs of various nations might not tell you which nations are better off.

A: When talking about GDP of an economy, I can be said that the value of GDP provide information about…

Q: Tornadoes destroy many factories in the country, while a severe drought ruins many crops. Make a…

A: The total demand, price, and even the supply conditions of a nation can be severely affected by…

Q: For each of the following say where they will show up in GDP calculations (i.e. under C, I, G,…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: Exports of a country are $200 million and imports in the same year is $116 million Calculate net…

A: The information being given is:- Exports of the given country = $200 million Imports of the given…

Q: Why the intermediate goods are not included in measuring GDP

A: Intermediate goods are those goods which are not used for final consumption but used as input to…

Q: Which of the following is NOT a part of U.S. GDP? a. The value of sales of stocks and bonds bought…

A: GDP is the sum of final goods and services produced in an economy in the given year within the…

Q: han it was 60 years ago. What does this tell us about the well-being of U.S. residents?

A: Gross Domestic Product is considered to be a good and reasonable measure for measuring the well…

Q: Transfer payments are included in the GDP calculation. [T or F]?

A: Governmental transfers to people include benefits like Social Security. Since transfers do not…

Q: GDP is often used as a measure of well-being. Is it a reasonable measure of well-being? If so, why…

A: GDP is the total market value of goods and service produced domestically during in a year .  And…

Q: Is GDP a main indicator of a country's economic well-being? Why and why not?

A: Gross domestic product is the money value of all final goods and services produced by normal…

Q: What is GDP (50 words only)

A: The Gross Domestic Product is the summation of the money value of all the final goods and services…

Q: How useful is GDP as a measure for countries' well-being and why? What other measures could be…

A: Gross Domestic Product (GDP) is referred to the well-being of the economy. GDP identifies over the…

Q: Which of the following is included in GDP? a. The value of "free" household services provided by…

A: GDP is a common measure of the value addition made by a country's production of goods and services…

Q: Name some of the services, if any, you produced at home that do get counted in GDP. Are there any…

A: In an economy, GDP is used as an economic tool to measure the national income in terms of goods and…