Apple releases a new iPhone. Which of the following components of U.S. GDP will not be affected, given that the iPhone is manufactured in China?
A) It will increase U.S. net exports, since a U.S. corporation makes the iPhone.
B) It will increase consumptions expenditures when U.S. consumers purchase new iPhones.
C) It will increase investment, since Apple places some of the iPhones in to its inventory.
D) It will increase government expenditures, since some iPhones are purchased by the federal government.
Correct Answer:
Verified
Q102: In the United States in 2015,government purchases
Q104: In the United States in 2015,consumption represented
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Q374: Which of the following are not consumer
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