+6. Which of the following transactions will be included in GDP for the United S

Question

+6. Which of the following transactions will be included in GDP for the United States? . a. Coca-Cola builds a new bottling plant in the United States. b. Delta sells one of its existing airplanes to Korean Air. c. Ms. Moneybags buys an existing share of Disney stock. California winery produces a bottle of Chardon- nay and sells it to a customer in Montreal, Canada. d. A e. An American buys a bottle of French perfume in Tulsa. f. A book publisher produces too many copies of a new book; the books don't sell this year, so the publisher adds the surplus books to inventories. 7.? a Access the Discovering Data exercise for

Explanation / Answer

6) GDP( Gross domestic product) is the market value of all goods and services produced within the country.

a) Coca-Cola builds a new building plant in the US, it includes in US GDP as it is produced within the US.

b) Delta a US-based company, sells one of its existing airplanes to Korean air. As it is produced within the US so it will be included in US GDP.

c) Disney stock is a stock of US so it will be included in US GDP.

d) California winery produces a bottle of chardonnay and sells it to the customer of Canada. As it is produced in the US so it will be included in US GDP.

e) An American buys a French perfume which is produced in France, outside of US. So it will not be included in US GDP.

f) Inventory is not part of GDP so the surplus of books in inventories will not be included in US GDP.

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.