Homework answers / question archive / Which of the following is NOT included in U

Which of the following is NOT included in U

Accounting

Share With

Which of the following is NOT included in U.S. GDP? Multiple Choice toys produced by a U.S. firm located in China beer brewed in Colorado and purchased by a German tourist a car made by a Japanese auto producer in Kansas corn grown in lowa and exported to Africa
Which of the following statements is true? Multiple Choice Nominal GDP is a good measure of social welfare. O GDP per capita is a complete measure of social welfare. Crime and pollution reduce social welfare which reduces GDP. ? GDP is not necessarily the best measure of social welfare.
Suppose during a year an economy produces $10 trillion of consumer goods, $4 trillion of investment goods, $6 trillion in government services, and has $4 trillion of exports and $5 trillion of imports. GDP would be Multiple Choice O $19 trillion. O $21 trillion. O $24 trillion. O $29 trillion.