Identify Which of the Following Goods Are Part of the Current

question 22

Essay

Identify which of the following goods are part of the current year's U.S. GDP and which are considered the current year's U.S. gross national product (GNP); explain. (Note: Ford is a company owned by U.S. citizens and Toyota is a company owned by Japanese citizens.)
(a) a Ford produced in Mexico
(b) a Toyota produced in California
(c) a meal you make for a dinner party
(d) an American-made vintage T-shirt from Led Zeppelin's 1971 North American tour you bought online last week

---

Definitions:

Counselor

A professional who provides guidance and advice in personal, social, or psychological matters.

Voice Coach

A specialist who helps individuals improve their vocal techniques for speaking or singing.

Temptation of Fraud

The allure or inclination to engage in deceptive practices for personal or organizational gain.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.