Richard (a Zimbabwean) builds a house in South Africa during 2019 and sells it the same year. When GDP is calculated in South Africa for 2019, which of the following will not be true? OA. The value of the sale is included in the income method for calculating GDP. OB. The value of the sale is included in the value-added method for calculating GDP. OC. The value of the sale is included in the income method for calculating GNP, OD. The value of the sale is included in the expenditure method for calculating GDP.

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Chapter10: Measuring A Nation's Income
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Economics 1B Jan23 Y1 S2
U
K
-1
ps lock
Richard (a Zimbabwean) builds a house in South Africa during 2019 and sells it the same year. When GDP is
calculated in South Africa for 2019, which of the following will not be true?
OA. The value of the sale is included in the income method for calculating GDP.
OB. The value of the sale is included in the value-added method for calculating GDP.
OC. The value of the sale is included in the income method for calculating GNP,
OD. The value of the sale is included in the expenditure method for calculating GDP.
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2
K
Transcribed Image Text:Economics 1B Jan23 Y1 S2 U K -1 ps lock Richard (a Zimbabwean) builds a house in South Africa during 2019 and sells it the same year. When GDP is calculated in South Africa for 2019, which of the following will not be true? OA. The value of the sale is included in the income method for calculating GDP. OB. The value of the sale is included in the value-added method for calculating GDP. OC. The value of the sale is included in the income method for calculating GNP, OD. The value of the sale is included in the expenditure method for calculating GDP. Previous page Type here to search ? (CD) W Et E $ 4 R a F T HO H 2 K
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