subject
Business, 03.06.2021 20:10 zania30

Activities included (and not included) in the calculation ofGDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time.
Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2020.
Scenario 2020 GDP Included Excluded
1. Rotato, a U. S. tire company, produces a set of tires at a plant in Michigan on September 19, 2020. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2020. (Note: Focus exclusively on whether production of the set of tires increases GDP directly, and ignore the effect of production of the two-door coupe on GDP.)
2. Athleticus, a U. S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 17, 2020. Athleticus imports the pair of sneakers into the United States on May 21, 2020. The Jones family buys an antique silver platter at an auction in upstate New York on March 17, 2020.
3. Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December 12, 2020.
4. An elementary school student buys the chocolate bar on December 24. Awake Cafe, a U. S. coffee company, produces a latte at its location in Minneapolis on January 9, 2020. It sells the latte to a customer immediately.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 09:00, puppy5209
Aminor has the legal right to repudiate
Answers: 2
image
Business, 22.06.2019 20:50, ajsoccer1705
1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.
Answers: 1
image
Business, 22.06.2019 21:30, kaitlngley2367
Which is the most compelling reason why mobile advertising is related to big data?
Answers: 1
image
Business, 22.06.2019 23:30, dangrueneberg9124
Which statement best describes the two reactions? abcl, + h2 → 2hci2h + h = he + inreaction a involves a greater change, and reaction b involves a change in element identity. reaction b involves a greater change and a change in element identityreaction a involves a greater change and a change in element identity. reaction b involves a greater change, and reaction a involves a change in element identity.
Answers: 1
You know the right answer?
Activities included (and not included) in the calculation ofGDP The gross domestic product (GDP) of...

Questions in other subjects:

Konu
Mathematics, 29.08.2019 03:10