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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
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.The gross domestic product (GDP) of the United States is defined as the all in a given period of time. final goods and services consumed transactions will be included in (that is, directly increase) the GDP of the United States in final goods and services produced final and intermediate goods and services produced 2020 GDPThe gross domestic product (GDP) of the United States is defined as the all in a given period of time. cost of producing market value of Based on this definition, indicate which of the following transactions will is, directly increase) the GDP of the United States in 2020. wholesale cost ofThe gross domestic product (GDP) of the United States is defined as the all in a given period of time. within the United States Based on this definition, indicate which of the following transacti s, directly increase) the GDP of the United States in 2020. by U.S.-owned companies by U.S. citizens 2020 GDPBased on this definition, indicate which of the foiiowing transactions will be inciuded in (that is, directly increase) the GDP of the United States in 2020. Scenario 2020 GDP Included Excluded Tasty's, a U.S. Fast-food company, produces a hamburger at one of its many St. Louis locations on January 6, 2020. It for $800 in a local furniture store. O O sells the hamburger to a customer that same day. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Iowa on September 25, 2020. It sells the corn syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2020. (Note: Focus 0 O exclusively on whether production of the corn syrup increases GDP directly, and ignore the effect of production of the cereal on GDP.) Calculo, a U.S. electronics company, produces a calculator at a plant in Indonesia on March 11, 2020. Calculo imports O O the calculator into the United States on May 29, 2020. Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December 14, 2020. An 0 0 elementary school student buys the chocolate bar on December 24. You chop down a cherry tree on your property in California and make a dining room table in 2020. A similar table sells 0 O
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