Which of the following transactions adds to U.S. GDP for 2010?
A) In 2010, Ashley sells a car that she bought in 2006 to William for $5,000.
B) An American management consultant works in Mexico during the summer of 2010 and earns the equivalent of $30,000 during that time.
C) When John and Jennifer were both single, they lived in separate apartments and each paid $750 in rent. John and Jennifer got married in 2010 and they bought a previously unoccupied house that, according to reliable estimates, could be rented for $1,600 per month.
D) None of the above transactions adds to U.S. GDP for 2010.
Correct Answer:
Verified
Q89: Jackie,a Canadian citizen,works only in the United
Q90: U.S.GDP
A)includes production of foreigners working in the
Q91: Gina,a U.S.citizen,works only in Bermuda.The value of
Q99: The statistical discrepancy that regularly arises in
Q100: Which of the following correctly orders U.S.income
Q112: A Mexican company operates a restaurant in
Q114: Foreign citizens earn more income in Ireland
Q119: The residents of country A earn $500
Q121: Table 10-1
The table below contains data
Q172: In the national income accounts, depreciation is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents