-------------------------------

Back to Assignment Attempts: I I Average: / 2 1. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the V all V V in a given period of time. Based on this denition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2015. 2015 GDP Scenario Included Excluded Roadway Motors, a US. automobile company, produces a convertible at a plant in Germany on March 17, 2015. O O Roadway Motors imports the convertible into the United States on May 21, 2015. Graincorp, a U.S. agricultural company, produces corn syrup at a plant in Iowa on September 13, 2015. It sells the corn syrup to Crunchy's for use in the production of cereal that will be made in the United States in 2015. (Note: Focus 0 O exclusively on whether production of the corn syrup increases GDP directly, and ignore the effect of production of the cereal on GDP.) Sofaland, a Swedish furniture company, produces a table at a plant in Virginia on December 5, 2015. It sells the table to O O a college student on December 24. An accountant starts a client's 2015 tax return on April 14, 2016, finishing it just before midnight on April 15, 2016. O O Awake Cafe, a US. coffee company, produces a late at its location in Minneapolis on January 9, 2015. It sells the latte O O to a customer immediately