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Which of the Following Is Included in U

question 92

Multiple Choice

Which of the following is included in U.S. GDP?
i. the rental value of homes owned by U.S. citizens.
ii. the production of Suburban SUVs by GM in its plant in Mexico.
iii. Tickets sold by U2 for concerts held in the United States.


Definitions:

Gross Cost

The total cost incurred before any deductions or allowances.

Operating Assets

Assets used by a company in its day-to-day operations to generate revenue, excluding investment and non-operational assets.

Return On Investment (ROI)

Net operating income divided by average operating assets. It also equals margin multiplied by turnover.

Depreciation

The systematic allocation of the cost of an asset over its useful life.

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