The purchase of a new Boeing fighter jet by Israel is classified in the U.S. GDP accounts as
A)investment expenditure.
B)export expenditure.
C)import expenditure.
D)government expenditure.
E)consumption expenditure.

Question

Quizplus · Accepted Answer

The purchase of a Boeing fighter jet by Israel is considered an export expenditure in U.S. GDP accounts because it is a sale of goods produced in the U.S. to a foreign country.

The Purchase of a New Boeing Fighter Jet by Israel