ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUSINESS CYCLES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A Japanese car company makes a new sedan in Kentucky. Which country’s GDP is this added to?
A
U.S.
B
Japan
C
U.S. and Japan
D
China
E
no answer
Explanation: 

Detailed explanation-1: -The four components of gross domestic product are personal consumption, business investment, government spending, and net exports.

Detailed explanation-2: -Which of the following best describes gross domestic product (GDP)? The value of the output of all final goods and services produced within a country.

There is 1 question to complete.