For the following transactions, explain why each should or should not be included in the calculation of a U.S GDP for the year 2017.
a. a car that is manufactured in Detroit in 2017 but is exported to Canada
b. the income in 2017 of an Indian professor who teaches at a university in Texas
c. a student who purchases a used car in 2017
d. a car manufacturer that buys aluminum from a firm to use it to manufacture cars
e. the amount that the federal government spends in 2017 to aid the recovery efforts after a hurricane in Florida

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The Answer of For the following transactions, explain why each should or should not be included in the calculation of a U.S GDP for the year 2017.
a. a car that is manufactured in Detroit in 2017 but is exported to Canada
b. the income in 2017 of an Indian professor who teaches at a university in Texas
c. a student who purchases a used car in 2017
d. a car manufacturer that buys aluminum from a firm to use it to manufacture cars
e. the amount that the federal government spends in 2017 to aid the recovery efforts after a hurricane in Florida

For the Following Transactions, Explain Why Each Should or Should