Which of the Following Would Be Included in GDP for the United

question 185

Multiple Choice

Which of the following would be included in GDP for the United States?

• A) Toyota,a Japanese car company,producing cars in the United States
• B) a U.S.professor taking a year off to teach at the London School of Economics
• C) a tire manufacturer making and selling tires to Ford to be used in their new cars
• D) Jane's purchase of a used car after her old car is destroyed in an accident

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Definitions:

Attitudes

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.

Human Mind

The set of cognitive faculties including consciousness, perception, thinking, judging, and memory, that is the essence of an individual's mind.

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Dealing

The act of engaging in commercial transactions or negotiations.