Question
The Korean firm LG produces $5 million TVs in 2014, selling $2.5 million to households in Korea, $1.5 million to households in the US, while
The Korean firm LG produces $5 million TVs in 2014, selling $2.5 million to households in Korea, $1.5 million to households in the US, while the remaining $1 million are sold to households in the US during 2015. In GDP accounting, this will have the following effect in 2014:
A.
Korea C +5 mil,Korea I-1 mil, Korea NX-1.5 mil, US C -1.5 mil, US I +1 mil,US NX +1.5mil
B.
Korea C +2.5 mil,Korea I +0mil, Korea NX +1.5 mil, US C +1.5 mil, US I -1 mil,US NX +1.5mil
C.
Korea C -5 mil,Korea I +1 mil, Korea NX +1.5 mil, US C +1.5mil, US I +0mil,US NX -1.5mil
D.
Korea C +2.5 mil,Korea I +1 mil, Korea NX +1.5 mil, US C +1.5 mil, US I +0mil,US NX -1.5mil
E.
Korea C -2.5mil,Korea I-1 mil, Korea NX-1.5 mil, US C +1.5 mil, US I +1 mil,US NX -1.5mil
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