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

Question

Quizplus · Accepted Answer

The purchase of a Boeing fighter jet by Israel is considered an export expenditure in the 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