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By admin, June 17, 2011 11:54 pm

That is a gross domestic product?

a.Profits obtained by Ford Motor Company in 2007 car production parts made ​​in Ireland b.Automobile States in the United States in 2007 but not used until 2008 c.Social Security benefits paid by the U.S. government d.Ground meat purchased in 2007 and used by McDonald in 2007 e.Ground purchases of meat and consumed by a U.S. private household in 2007 f.Goods and services purchased in the United States in 2007 by a Canadian tourist

GDP is the monetary value of all final goods and services sold by a nation-state. A better way to describe it with the following formula: GDP = private consumption + gross investment + government spending + (exports – imports) a. Profits of Ford Motor Company in 2007 car production in Ireland after not the GDP, although the company is American. It is actually a part of Ireland's GDP, even if a U.S. company produces cars in Spain and exported the U.S. it would be a part of the GDP of Ireland. b. Auto parts manufactured in the United States in 2007, but was not used until 2008 probably will not be sold for final consumption, but also for entry of goods for final consumption, so it is not part of GDP. It should be part of GDP, if we are talking about car parts sold directly to consumers such as NAPA, Auto Zone and Pep Boys. I do not like the wording of the question because even says he sold only said to have been made. If not sold, then is an unequivocal NO. c. Social Security benefits paid by the U.S. government public spending 2007 in the form of purchases of goods are estimated GDP. Security Payments Social transfer payments are not purchases of goods or services. This is not part of GDP d. Ground beef purchased and used by McDonald in 2007 were not part of GDP. Not a final good. This is an entry for a good ending to be sold to consumers McDonalds e. Purchases of ground beef and consumed by a U.S. private household in 2007 is a good ending purchased for consumption. It is part of GDP. f. Goods and services purchased in the United States in 2007 by a Canadian tourist This is a part of GDP. No matter that the person is from Canada. The merchandise was sold by a producer to a consumer who made the product in the United States.

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