1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ElenaW [278]
3 years ago
6

Included or exported in GDP:1. Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on

December 1, 2016. An elementary school student buys the chocolate bar on December 20.2. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Iowa on September 19, 2020. It sells the corn syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2020. (Note: Focus exclusively on whether production of the corn syrup increases GDP directly, and ignore the effect of production of the cereal on GDP.)3. Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 21, 2016. Athleticus imports the pair of sneakers into the United States on May 18, 2016.4. You chop down a cherry tree on your property in California and make a dining room table in 2016. A similar table sells for $800 in a local furniture store.5. Awake Cafe, a U.S. coffee company, produces a latte at its location in Minneapolis on January 26, 2016. It sells the latte to a customer immediately.
Social Studies
1 answer:
Vanyuwa [196]3 years ago
8 0

Answer:

Included: 1

Excluded: 2, 3, 4

Explanation:

GDP of a nation includes the production of final goods and services within the geographical boundaries of a nation during a given period, generally a year.  

1. The production of chocolate will be included as it is a final good, consumed in the same year.  

2. The production of this corn syrup will not be included in the GDP as it is an intermediate good.  

3. These shoes will not be included in GDP as they are not produced in the US. They will be deducted as imports.  

4. This production of the table will not be included as there are no transactions involved. It is made for self-consumption.

You might be interested in
Buddhism was first followed by:
Ira Lisetskai [31]
C because it’s the answer
3 0
3 years ago
Read 2 more answers
Why did you choose those schools?
s344n2d4d5 [400]
I do not know sorry. I would choose Palm Beach State College
5 0
3 years ago
Which three statements about soll formation are true?
nignag [31]
The following statement about soil formation are true:
1. The composition of soil depend largely on the composition of the parent rock.
2. Strong roots of shrubs and trees hold on to soil and protect it from erosion.
3. Soil formed from local rock is residual soil and soil formed from distant rock is transported soil.
Soil are typically formed from rocks. The nature of the soil depend on the type of rock from which the soil was formed. It takes a long time for a soil to be formed from a parent rock. Erosion is the process that carries the surface soil away, but the root of shrub and trees usually prevent this by holding on to the soil particles.
7 0
3 years ago
How does competition among too few sellers affect price?
Cerrena [4.2K]
When there are not many sellers of a item the price of the item goes up because not many people have that item or sell it and the fewer the people that sell that item the more money the people make that have it and it makes it harder to get.
4 0
2 years ago
Which factors can affect the salary and benefits a job offers? Check all that apply.
Mnenie [13.5K]

an employer’s needs

a worker’s qualifications and productivity

The current state of the labor market

negotiations between an employer and worker

4 0
3 years ago
Other questions:
  • Dissociative disorders are characterized by the occurrence of manic or hypomanic episodes.
    5·1 answer
  • What did thomas more say about human nature
    11·1 answer
  • Jack must attend a funeral. Even though he has never been to a funeral before, he knows what to expect due to seeing funerals on
    14·1 answer
  • List one of the presidents wife´s name
    15·1 answer
  • Most governments are expected to provide public services such as __________.
    10·2 answers
  • Who expanded Egyptian trade in the Mediterranean? Hatshepsut Khufu Thutmose III Ramses II
    6·1 answer
  • Items used to produce other goods and services are called _____ .
    6·2 answers
  • Describe the various ways that African Americans attempted to help and
    13·1 answer
  • How can we apply Critical Thinking to evaluate the Coronavirus vaccine and it's impact our our life, family and friends.
    13·1 answer
  • How does the global economy impact you as an individual worker and consumer?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!