For each of the following transactions, explain why they 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.

Answer rating: 100% (QA)

a The construction of the Honda factory in Indiana would be counted in the GDP of the United States ... View the full answer