Explain whether each of the following would be included in GDP, GNP, or both of the United
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a. The salary of an American who is working in Japan for Honda.
b. The profits that Honda earns from its production of cars in Ohio.
c. The value of the software that Microsoft sells to Honda for use in its headquarters in Japan.
d. The salary of an Italian
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GDP is defined as the value of all the final goods and services produced within a countrys borders d...View the full answer
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