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23-07-2019
Business

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Quality Motors is a Japanese-owned company that produces automobiles; all of its automobiles are produced in American plants. In 2010 Quality Motors produced $30 million worth of automobiles, with $17 million in sales to Americans, $9 million in sales to Canadians, and $4 million worth of automobiles added to Quality Motors' inventory. The transactions just described contribute how much to U.S. GDP for 2010?A. $21 million B. $26 million C. $30 million D. $17 million

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27-07-2019

Answer: the correct answer is C. $ 30 million.

Explanation: Since the Gross Domestic Product or GDP is the total monetary sum that an economy produces in one year. In this particular case, the company Quality Motors produce $30 million no matter if it exports part of this to Canadians, the important fact is that the whole production was made in the USA.

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