Now It's Time For Some GDP Practice!! Write out the GDP formula and explain what each letter stands for.
1. A family buys a new refrigerator
2. GM opens a new plant in Detroit, Michigan
3. Paulding County builds a new middle school
4. China imports commodities from the U.S.A.
5. Clinton bought 20 shares of GameStop stock.
6. Parents buy a new automobile for students
7. Brazil import fruits to US grocery stores
8. Mary orders a pizza from Marcos
9. The Caterpillar company purchase new tractors for their fleet
10. Griffin city builds a new courthouse.