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19. Which of the following transactions is included in GDP for the US? (Circle a

ID: 1250670 • Letter: 1

Question

19. Which of the following transactions is included in GDP for the US? (Circle all the correct answers. There may be more than one.)
a. Coca-Cola builds a new bottling plant in the US.
b. Delta Airlines sells one of its older airplanes to Korean Airlines.
c. Ms. Moneybags buys an existing share of Disney stock.
d. A California winery produces a bottle of Chardonnay and sells it to a customer in Montreal,Canada.
e. An American buys a bottle of French perfume.
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 its inventories.

Explanation / Answer

GDP=Y= C+I+G+Ex-Im. Answer is a, b, d and e are transactions inculded in the GDP

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