Which of the Following Would Be Counted in U

question 217

Multiple Choice

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

• A) A new U.S.-produced radio bought by a Japanese citizen living in Kyoto
• B) A used U.S.-produced computer bought by a French citizen living in Kansas
• C) A new Japanese radio bought by a U.S.citizen in Rhode Island
• D) A U.S.pianist's concert sales in Britain
• E) Stock in Microsoft Corporation bought by a Russian citizen

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Definitions:

Real Property

Refers to immovable property such as land and anything permanently attached to the land, like buildings.

Personal Property

Things of value that you own (such as a car or laptop).

Tangible Property

Physical items or assets that can be touched and seen, such as buildings, machinery, vehicles, and furniture, as opposed to intangible assets like patents or copyrights.

E-text

Digital text format, such as ebooks or PDF documents, that can be read on computers, e-readers, or other electronic devices.