Which of the following adds to US GDP? O A I chop down a tree on my property and build a table. A similar table, sold at retail, would get a price of $800. O B. Awake Coffee, a U.S. coffee company, produces a latte in Minneapolis, MN and sells the latte to a customer immediately. O C. All of these answers add to G.D.P. for the United States. O D. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Chicago. It sells the corn syrup to Crunchy's for use in the production of Hyperactive Crunch. O E. Roadway Motors, a U.S. auto company, produces a car at a plant in Germany. The car is then imported into the U.S.

Which of the following adds to US GDP? O A I chop down a tree on my property and build a table. A similar table, sold at retail, would get a price of $800. O B. Awake Coffee, a U.S. coffee company, produces a latte in Minneapolis, MN and sells the latte to a customer immediately. O C. All of these answers add to G.D.P. for the United States. O D. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Chicago. It sells the corn syrup to Crunchy's for use in the production of Hyperactive Crunch. O E. Roadway Motors, a U.S. auto company, produces a car at a plant in Germany. The car is then imported into the U.S.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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F3.
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