Question :
31.The goods and services that count toward GDP are:
A. defined in : 1379052
31.The goods and services that count toward GDP are:
A. defined in terms of the location of production, not the citizenship of the producer.
B. anything produced within a country’s borders, regardless of who owns it.
C. things made in one country, even if the majority of it is owned by someone else.
D. All of these statements are true.
32.The goods and services that count toward GDP are:
A. defined in terms of the location of production, not the citizenship of the producer.
B. defined in terms of the citizenship of the producer, not the location of production.
C. defined in terms of citizens producing within a country’s borders.
D. defined in terms of total production of companies owned by citizens, regardless of the actual location of production.
33.An example of a good or service that would not count in the U.S. GDP would be:
A. a car made by Toyota in Tennessee.
B. a car made by Ford in Michigan.
C. sneakers made by Nike in Indonesia.
D. sneakers made by New Balance in Ohio.
34.An example of a good or service that would not count in the U.S. GDP would be:
A. a t-shirt made by The Gap in Cambodia.
B. a t-shirt made by Organi-tee in Oregon.
C. a TV made by Toshiba in Georgia.
D. a bottle of water made by Poland Springs in Maine.
35.An example of a good or service that would count in the U.S. GDP would be:
A. a bag of coffee made in Vermont by Green Mountain Coffee Roasters.
B. a bag of coffee made in Colombia by Dunkin’ Donuts.
C. a bag of coffee made in Canada by Starbucks.
D. All of these would count in U.S. GDP.
36.An example of a good or service that would count in the U.S. GNP would be:
A. a bag of coffee made in Vermont by Green Mountain Coffee Roasters.
B. a bag of coffee made in Colombia by Dunkin’ Donuts.
C. a bag of coffee made in Canada by Starbucks.
D. All of these would count in U.S. GNP.
37.An American citizen works for a U.S.-owned architectural firm located in Mexico. This architect will:
A. contribute toward U.S. GDP since he’s a U.S. citizen.
B. contribute toward U.S. GDP since he’s working for a U.S. firm.
C. contribute toward Mexico’s GDP since he’s working in Mexico.
D. contribute toward both Mexico’s and U.S. GDP.
38.Suzi is a British citizen who works for Yankee Candles in Massachusetts. Suzi’s work will be included in:
A. U.S. GDP since she’s working for a U.S. firm.
B. U.S. GDP since she’s working for a firm located in the U.S.
C. England’s GDP since she’s a British citizen.
D. both the U.S. and England’s GDP.
39.Sally is a U.S. citizen who works for an Italian company at the branch office located in Tulsa, Oklahoma. Sally’s work will contribute toward:
A. U.S. GDP since Sally’s a citizen.
B. U.S. GDP since the location of her office is in the U.S.
C. Italian GDP since she’s working for an Italian firm.
D. both the U.S. and Italy’s GDP.
40.Clarence is a Japanese citizen working for Toyota at the manufacturing plant located in Tennessee. Clarence’s work will contribute toward:
A. U.S. GDP since the location of the plant is in the U.S.
B. Japan’s GDP since he’s a Japanese citizen.
C. Japan’s GDP since it’s a Japanese firm.
D. both the U.S. and Japan’s GDP.
