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1. Activities included (or not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the in

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1. Activities included (or not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the 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 GOP of the United States In 2014. 2014 GDP Scenario Included Excluded Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 14, 2014. Athleticus imports the pair of sneakers into the United States on May 17, 2014, Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 1, 2014. A family buys O the sedan on December 20. Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2014. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be built In the United States In 2014. (Note: Focus exclusively on whether production of the wood increases GDP directly, and ignore the effect of production of the new house on GDP.) The Jones family buys an antique silver platter at an auction in upstate New York on March 14, 2014. O Zippycar, a U.S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 8, 2014. It sells the car at a dealership in San Diego on February 9, 2014.Activities included (or not included) In the calculation of GDP e gross domestic product (GDP) of the United States is defined as the all in a given period of ti cost of producing ased on this definition, indicate which of the following transactions will total market value of Trectly increase) the GDP of the United St 214. wholesale cost of 2014 Scenario Included Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 14, 2014. Athleticus Imports the pair of sneakers into the United States on May 17, 2014. O Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 1, 2014. A family buys the sedan on December 20. Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2014. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be built in the United States In 2014. O (Note: Focus exclusively on whether production of the wood increases GDP directly, and ignore the effect of production of the new house on GDP.) The Jones family buys an antique silver platter at an auction in upstate New York on March 14, 2014. D Zippycar, a U.S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 8, 2014. It sells the car at a dealership in San Diego on February 9, 2014.1. Activities included (or not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the all in all final and intermediate goods and services produced nsactions will be included in (that is, directly increase) the G all final goods and services produced all final goods and services consumed Scenario Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 14, 2014. Athleticus imports the pair of sneakers into the United States on May 17, 2014. Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 1, 2014. A family buy the sedan on December 20. Treetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2014. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be built in the United States in 201- Note: Focus exclusively on whether production of the wood Increases GDP directly, and ignore the effect of production of the new house on GDP.) The Jones family buys an antique silver platter at an auction In upstate New York on March 14, 2014. Zippycar, a U.S, automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 8, 2014. It sells the car at a dealership in San Diego on February 9, 2014.tivities included (or not included) in the calculation of GDP ross domestic product (GDP) of the United States is defined as the all in a given period of time. by resources within the United States d on this definition, indicate which of the following transactions use) the GDP of the United States in by U.S. citizens by U.S.-owned companies 2014 GDP enario Included Excluded pleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 14, 2014. Athleticus ports the pair of sneakers into the United States on May 17, 2014. O O stlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 1, 2014. A family buys sedan on December 20. O eetopplers, a U.S. lumber company, produces wood at a plant in Oregon on September 25, 2014. It sells the wood to Ildit and Partners, a developer, for use in the production of a new house that will be built in the United States In 2014. ote: Focus exclusively on whether production of the wood increases GDP directly, and ignore the effect of production the new house on GDP.) he Jones family buys an antique silver platter at an auction in upstate New York on March 14, 2014. ppycar, a U.S. automobile company, produces a convertible at a manufacturing plant In Minneapolis on January 8, O 014. It sells the car at a dealership in San Diego on February 9, 2014

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