Which of the Following Is Included in U.S.GDP

question 96

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

• A)ii only
• B)ii and iii
• C)i,ii and iii
• D)i and iii
• E)i only

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Definitions:

Poisson Distribution

A discrete probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, given the average number of times the event occurs over that interval.

Binomial Distribution

A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters or assumptions.

Tornado Chart

A type of bar chart used in sensitivity analysis to compare the relative importance of different variables.

Market Size

The total volume or value of sales within a market over a specific time period.