Which of the Following Would Be Counted in U

question 144

Multiple Choice

Which of the following would be counted in U.S.GDP?

• A) The salary of an American professor teaching in England
• B) The value of a used U.S.-produced car purchased in the U.S.
• C) The value of a new U.S.-produced car purchased by a French citizen
• D) The value of a new French-produced car purchased by a U.S.citizen within in the U.S.
• E) The value of a General Electric corporate bond bought by a Japanese citizen

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Definitions:

Treaty Negotiations

Treaty negotiations refer to the process of discussions and bargaining between nations or parties to reach a formal agreement that is binding and recognized internationally.

Europeans

People originating from the continent of Europe, characterized by diverse cultures, languages, and histories.

Native Americans

Indigenous peoples of the Americas who lived in the territory that is now the United States prior to European colonization.

Livestock

Domesticated animals raised in an agricultural setting to produce commodities such as meat, milk, and wool, or to perform labor.