Question

Which of the following is not included in U.S. GDP? a. additions of newly produced output to inventory b. production of U.S citizens working in foreign countries. c. the estimated rental value of owner-occupied housing d. the value of food purchased from a grocery store to make meals at home without pay.

Answer 1

Answer:

b. production of U.S citizens working in foreign countries

Explanation:

by discard, it is factible to say that only the total of products and services produced by a country in a determinate period of time conform the GDP, it also includes the production generated by nationals resident in the country and by foreigners resident in the country, therefore, the GDP excludes the production of nationals resident abroad.