Explain why each of the following transactions would or would not be counted in the GDP of the United States.
a. Japanese auto producer Honda builds a factory in Indiana.
b. You buy a new pair of pants produced at a factory in Honduras.
c. You mow your uncle's yard and he gives you $10 for a job well done.

Question

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The Answer of Explain why each of the following transactions would or would not be counted in the GDP of the United States.
a. Japanese auto producer Honda builds a factory in Indiana.
b. You buy a new pair of pants produced at a factory in Honduras.
c. You mow your uncle's yard and he gives you $10 for a job well done.

Explain Why Each of the Following Transactions Would or Would