Which of the following does NOT add to US GDP? A. Saudi Arabia buys fighter jets from Boeing, a US aircraft manufacturer B. Rivian Automotive invests in a car manufacturing facility (building) in Normal, Illinois C. The Railroad Police buy 12 new Ford Explorers as police cars D. Tesla Motors buys 120000 sets of tires from Firestone (made in Illinois) for its newly manufactured sedans
Option D.
Which of the following does NOT add to US GDP? A. Saudi Arabia buys fighter jets...
1. Which of the following components of GDP includes your tuition payments? A) investment B) consumption of nondurable goods C) consumption of services D) consumption of durable goods 2. T/F In the economy, income earned when producing new final goods and services must equal expenditure on the new final goods and services 3) T/F When you go to your local mall and buy new clothing that was produced in a foreign country, this has no impact on our GDP? 4)...