Question
Hazel is a consultant who lives in the U.S. and works remotely for private companies around the world. In 2019 Hazel provided consulting services to
Hazel is a consultant who lives in the U.S. and works remotely for private companies around the world.
In 2019 Hazel provided consulting services to Total Tech Inc., a company located in Vietnam. For the duration of her work, Hazel was physically located in the U.S.
Total Tech Inc. paid Hazel $9,500 USD for her services. Hazel claimed this income on her 2019 U.S. tax return.
Which of the following is correct regarding how the final value of this service will appear in national income accounts?
Group of answer choices
The $9,500 will be recorded in US GDP and Vietnam's GNP.
The $9,500 will be recorded in US GNP and Vietnam's GDP.
The $9,500 will be recorded in US GDP and US GNP.
The $9,500 will be recorded in Vietnam's GDP and Vietnam's GNP.
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
