Which of the following would not be included as final product when computing GDP for the United States?
Which of the following would not be included as final product when computing GDP for the United States?
(a) An electric smelting furnace produced in a U.S. factory and purchased in the same year by the Billings Steel Company in Alabama for use in the production of steel.
(b) A Honda lawn mower produced in a Japanese-owned plant in North Carolina using parts also produced in the United States.
(c) An imported Zenith television, purchased by an American consumer in New York, produced in a U.S.-owned plant in Singapore using parts produced in Singapore.
(d) A Boeing 757 airplane produced in the United States and purchased the same year by Japan Airlines for use in Japan.
C
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US $29.95
