Which of the following activities would be most likely included in the calculation of GDP for the United States?
A) Dell produces computers at a manufacturing facility in China.
B) Goodyear Tire Company manufactures 250,000 tires. The tires are to be sold to General Motors, which will put them on new automobiles.
C) Toyota, a leading Japanese automobile company, produces 25,000 Camrys at its Kentucky plant and exports them to Japan.
D) In his garage, Richard makes a canoe as a wedding gift for his daughter. Similar canoes sell for $1,500 in a local river sports shop.
MacroEconomics: Choose 1 example of Gross Domestic Product (GDP) in USA?
A.
GDP doesn%26#039;t figure in foreign goods produced on American soil, technically. It does measure the output of American firms in foreign countries.
In D, he made it as a gift, so it doesn%26#039;t count.
In B, it isn%26#039;t a final product unless they sold them directly to consumers, rather than to GM.
Reply:i pick C
because even if it came from a foreign company,it was still being produced in our country and therefore becomes a part of our GDP.
c++
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