Which of the following items is included in U.S.GDP?
A)the estimated value of production accomplished at home,such as backyard production of fruits and vegetables
B)the value of illegally-produced goods and services
C)the value of cars and trucks produced in foreign countries and sold in the U.S.
D)None of the above is included in U.S.GDP.

Question

Quizplus · Accepted Answer

U.S. GDP only includes the value of goods and services produced within the borders of the United States, legally and with market transactions. Backyard production and illegal activities are not included in GDP, and the value of goods produced abroad is not considered for U.S. GDP unless they are imported and sold within the United States.

Which of the Following Items Is Included in U