ECONOMICS PLEASE HELP!
Which of the following is considered Net Exports in GDP calculations? *
a.Margaret buys some hay for her horses from a farmer in Virginia.
b.Melanie pays her cable bill in Texas.
c.Dave buys a Toyota made in Japan.
d.Frank Construction builds a new apartment complex in Indianapolis, Indiana.
e.The federal government builds a new bridge across the Ohio River.

Respuesta :

ECONOMICS PLEASE HELP!
Which of the following is considered Net Exports in GDP calculations? *

c.Dave buys a Toyota made in Japan.

Let understand that GDP means the measure of value of an economy and is calculated by adding up the total money spent by the resident of the country.

  • Net Export is the amount derived after deducting the Import from Export.

  • Net Export is part of the component used to determine a country's GDP.

  • If the total import and export of U.S. is $15 million and $20 million respectively, then, the net export amount will be $5 million ($20 million - $15 million)

In Conclusion, none of the answers given forms the part of the component of Net Export.

Learn more about Net Export here

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