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Identify which of the following item(s) would be included in U.S. GDP:
(a) the salary of an American consultant hired by a British firm to go to Europe and analyze their operations there.
(b) the output of a U.S.- owned family farm in Kansas.
(c) food stamp payments.
(d) welfare checks.
(e) the wages of a field worker in Louisiana.
A method of sending messages electronically from one user to another via the internet.
Money Laundering
Falsely reporting income that has been obtained through criminal activity, such as illegal drug transactions, as income obtained through a legitimate business enterprise, to make the "dirty" money "clean."
Criminal Activity
Conduct that violates the law and is punishable by sanctions such as fines, imprisonment, or other penalties.
Legal Business
Operations and activities of organizations or individuals that are concerned with the law, including law firms, legal consultation, and court proceedings.
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