Jordan sells $25 worth of pears to individuals at the farmers market, $30 worth of pears to a company that uses them to make pear cider, and $75 worth of pears to a grocery store that sells them to households. How much of his sales will be included in GDP?
If I buy a computer made in France, how does that impact US and French GDP?
GDPmp = C+I+G+(X-M)
Exports increases GDP while imports decreases GDP.
Thus,GDP of France will increase and of US will decrease.
Get Answers For Free
Most questions answered within 1 hours.