A Japanese worker, working in the U.S., deposits some money in his bank account, and his son collects the money from a branch of the same bank in Japan. This activity reduces the U.S. GDP.

Question

Quizplus · Accepted Answer

The transaction described is a transfer of funds and does not directly affect the GDP of the U.S. GDP measures the value of goods and services produced within a country, not financial transactions or transfers.

A Japanese Worker, Working in the U