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If your sister buys an imported off the rack no-brand shirt, where does the value of this shirt show up in the components of US
If your sister buys an imported "off the rack" no-brand shirt, where does the value of this shirt show up in the components of US GDP?
- Household consumption at the purchase price of the shirt
- It doesn't show up at all because it was not produced in US
- Net exports through the imported value of the shirt
Choose the correct option from below:
Group of answer choices
a) 1 only
b) 2 only
c) 3 only
d) 1 and 3
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