A US-Owned Automobile Factory Uses $50 Million Worth of Materials Produced

question 214

Essay

A U.S.-owned automobile factory uses $50 million worth of materials produced in the U.S. and $10 million worth of material purchased from foreign countries to produce $100 million of automobiles. $70 million worth of these automobiles are purchased by U.S. consumers, $25 million are sold in foreign countries, and $5 million are added to inventory. How much of this production is included in U.S. GDP? By how much do these transactions alone affect U.S. net exports?

Grasp the fundamental attributes that have a significant influence on memory and problem solving.

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Definitions:

Benzene

An aromatic hydrocarbon with a ring of six carbon atoms bonded together in a planar hexagonal ring with alternating single and double bonds.

Bromination

A chemical reaction involving the addition or substitution of bromine to an organic compound, often used in synthesis.

Mononitration

The chemical process of introducing one nitro group (-NO2) to a molecule, commonly used in the synthesis of explosives and various organic compounds.

Major Organic Product

The main product produced in the greatest amount when organic compounds undergo a chemical reaction.