Products that would be used in calculating the United States GDP include
A. toys manufactured in China at a factory owned by a U.S. company.
B. cars manufactured in Tennessee at a factory owned by a Japanese automobile company.
C. plastic manufactured in a factory in Kentucky and sold to toy manufacturers around the world to make plastic toys.
D. cotton cloth manufactured in India and sold to clothes makers in the United States.

Question

Products that would be used in calculating the United States GDP include
A. toys manufactured in China at a factory owned by a U.S. company. 	
	B. cars manufactured in Tennessee at a factory owned by a Japanese automobile company. 	
	C. plastic manufactured in a factory in Kentucky and sold to toy manufacturers around the world to make plastic toys. 	
	D. cotton cloth manufactured in India and sold to clothes makers in the United States.

anonymous · Answer

GDP is defined as the market value of all final goods and services produced domestically in a single year and is the single most important measure of macroeconomic performance. Answer is B