A US-Owned Automobile Factory Uses $100,000 Worth of Parts Purchased from from Foreign

question 244

Multiple Choice

A U.S.-owned automobile factory uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produce 30 cars worth $20,000 each. Twenty of these cars are sold and 10 are left in inventory. How much did these actions add to GDP?

• A) $300,000
• B) $500,000
• C) $600,000
• D) $700,000

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Definitions:

Administrative Department

A division within an organization or government responsible for implementing policies, overseeing operations, and managing personnel.

Ecclesiastical Reforms

Changes and improvements made to the organization, doctrine, or practice of the Christian Church, often aimed at addressing corruption and enhancing the spiritual integrity of the institution.

Favorable Treatment

The act of giving someone or something preferential consideration or advantage.

Alienated Landowners

Refers to landowners who feel disconnected or estranged from their property, often due to political, social, or economic changes that undermine their control or profit.