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.

Calculate the value of exports if net exports are $390 million and the imports are $200 million

Why isn't GDP a good measure for economic well being

The factor payments measure of GDP   a. is found by summing all interest, profit, rent, and wages and salaries generated during the year   b. calculates how much workers paid for goods and services during the year   c. is found by summing all expenditures on final goods and services during the year   d. can be expressed as GDP = C + I + G + NX

INCLUDED IN U.S. GDP? POINSETTIA You purchase five California-grown Poinsettias to decorate your house for the holidays. INCLUDED IN U.S. GDP NOT INCLUDED IN U.S. GDP

How do other methods of measuring living standard compare with GDP

A stay at home dad grows his own vegetables, cleans the house, and cooks dinner O Included in GDP Not Included in GDP

The value of cars that the Ford Motor Company produces in a German plant is   a part of U.S. GDP.   a part of U.S. GNP.   a part of German GNP.   not a part of German GDP.

Can you give two examples of goods or services that are in GDP and two examples of goods or services that are excluded in GDP.

We use market values to measure GDP because  a. We want to compare different types of goods  b. There are no other measures available  c. We only buy goods and services from various types of markets  s. Imported goods are valued using foreign currencies