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9. Maxima Motors is a French-owned company that produces automobiles and all of its automobiles are produced in United States plants. In 2014, Maxima Motors
9. Maxima Motors is a French-owned company that produces automobiles and all of its automobiles are produced in United States plants. In 2014, Maxima Motors produced $32 million worth of automobiles, with $17 million in sales to Americans, $11 million in sales to Canadians, and $4 million worth of automobiles added to Maxima Motors' inventory. The transactions just described contribute how much to US. GDP for 2014? A. $15 million B. $17 million C. $21 million D. $28 million E. $32 million 10. Michigan Tea Company sold $18 million worth of tea it produced. In producing this te=a it purchased $6 million worth of ingredients from foreign countries and paid $1 million to workers who reside in Canada but commute to the United States. How much did these transactions add to GDP of the United States? A. $24 million B. $18 million C. $17 million D. $12 millionl E. $11 million
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