U.S. Exports Are

question 203

Multiple Choice

U.S. exports are

• A) not included in U.S. GDP because they are consumed abroad
• B) included in U.S. GDP because they are produced domestically
• C) included in U.S. GDP because they represent an increase in inventories
• D) included in U.S. GDP as government purchases because the government decides what goods may be exported
• E) not included in U.S. GDP because they are not subject to a tariff

---

Definitions:

Cost Behaviour

The manner in which a cost changes as the related activity level changes, classified into fixed, variable, and mixed costs.

Cost Report

A detailed financial document that outlines the actual costs incurred during a project or for business operations over a defined period, often used for tracking and controlling expenditures.

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors are valid.

Car Washing Labour Cost

The expenses associated with labor that are incurred during the process of washing cars.