Which of the following examples of production of goods and services would be included in U.S. GDP?
A) Samantha, a Canadian citizen, grows sweet corn in Minnesota and sells it to a grocery store in Canada.
B) Ian, an American citizen, grows peaches for his family in the back yard of their Atlanta home.
C) Leo, an American citizen, grows marijuana in his Seattle home and sells it to his friends and neighbors.
D) None of the above examples of production would be included in U.S. GDP.
Correct Answer:
Verified
Q66: Which of the following items is included
Q68: Tyler and Camille both live in Oklahoma.A
Q75: Quality Motors is a Japanese-owned company that
Q76: In early 2010 Molly paid $200,000 for
Q77: Martin,a U.S.citizen,travels to Mexico and buys a
Q78: Tom and Lilly rented a house for
Q79: Which of the following items is included
Q93: Which of the following is included in
Q112: How is net national product (NNP)calculated?
A)Saving is
Q180: U.S. GDP and U.S. GNP are related
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