Which of the following is an example of a good or service that would count toward U.S. GNP?
A) A 20 oz. bottle of Diet Coke made by Coca-Cola
B) A Fiesta automobile produced by Ford Motor Company
C) A bag of Columbian coffee sold at a Dunkin' Donuts in the United States
D) All of these would count toward U.S. GNP.

Question

Quizplus · Accepted Answer

All of these would count toward U.S. GNP as they represent either a good (Diet Coke and Fiesta automobile) or a service (sale of coffee). GNP includes total production of goods and services within the economy regardless of ownership, and all of these examples represent production within the United States.

Which of the Following Is an Example of a Good