Question

Which of the following would NOT be included in U.S. GDP? Group of answer choices the...

Which of the following would NOT be included in U.S. GDP?

Group of answer choices

the cost of a French family's vacation to New York City

the market value of a newly constructed home

the market value of visit to a massage therapist

the market value of a flat-screen t.v. produced in South Korea

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

GDP in simple terms is the production value of final goods and services produced within the boundary of a country in a financial year

It is generally measured on quarterly on yearly basis

If any French family visits to newyork then this will included in New York GDP

If any person visit to massage therapist then this service will also be counted under GDP of US

But if anything is produced in the South Korea that is not in the boundary of United States then it will not counted under the US GDP

Answer is option D

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1) Which of the following would be something that would be included in the CPI but...
1) Which of the following would be something that would be included in the CPI but not the GDP deflator? Group of answer choices A) A computer game produced in San Jose and bought by consumers in Texas B) A golf ball produced in Cleveland and bought by consumers in California C) A box of Legos produced in Denmark is bought by consumers in New York D) A large amount of military uniforms are made in South Carolina and bought...
Which of the following would NOT be included in this year's GDP for the United States?...
Which of the following would NOT be included in this year's GDP for the United States? A U.S. business spends $100 million to build a new factory in South Carolina. The U.S government distributes $10 million in social security payments. U.S. consumers spend $40 million on domestically produced medical services. A foreign country purchases $2 billion worth of U.S exports Is the answer "D"?
1. Which of the following is FALSE about GDP? Group of answer choices GDP is considered...
1. Which of the following is FALSE about GDP? Group of answer choices GDP is considered one of the most important stats of an economy GDP can be used to at least informally determine whether a country is in recession When a country’s economic stats are presented, the first stat is often GDP GDP was invented by Franklin D. Roosevelt just after World War 2 ended GDP is not exactly the same as GNP 2. Again, consider the market for...
Describe how each of the following transactions affects the U.S. Current Account (increase or decrease in...
Describe how each of the following transactions affects the U.S. Current Account (increase or decrease in the Trade Balance, Net Payments from Abroad, or Net Unilateral Transfers), and in the external wealth or net foreign assets (increase or decrease) An American university buys several park benches from Spain and pays with a $120,000 check. Floyd Townsend, of Tampa, Florida, buys 5,000.00 dollars worth of British Airlines stock from Citibank New York, paying with U.S. dollars. A French consumer imports American...
1.Which of the following is an example of moral hazard? Group of answer choices There are...
1.Which of the following is an example of moral hazard? Group of answer choices There are likely more cars of low quality than of high quality offered for sale without warranties in the used car market. An individual who eats well and exercises regularly chooses not to purchase health insurance. An individual drives less cautiously after obtaining automobile insurance. A car salesman offers a full warranty on a used car for 90 days. 2. The possible returns to a shareholder...
Which of the following statements is not correct? Group of answer choices The binomial option pricing...
Which of the following statements is not correct? Group of answer choices The binomial option pricing model when taken to the limit becomes the Black-Scholes option pricing model. The Black-Scholes model uses a continuous time discount factor. The binomial option pricing model use a ratio of the range values as the hedge ratio. The Black-Scholes model is related to a heat transfer equation and Brownian molecular motion. The Black Scholes model only estimates the intrinsic value of the call option....
Which of the following is false?Group of answer choices Product liability laws can make it unprofitable...
Which of the following is false?Group of answer choices Product liability laws can make it unprofitable to sell shoddy merchandise, providing a substantial incentive to provide safe products independent of government regulations. Asymmetric information exists when the available information is initially distributed in favor of one party to a transaction relative to another. In adverse selection situations, it is rational for a seller with more information about a product to provide a truthful and complete disclosure and make that fact...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT