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MMLU / An American buys an entertainment system that was manufactured in China. How…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

An American buys an entertainment system that was manufactured in China. How does the U.S. national income accounts treat this transaction?

choices

  1. Net exports and GDP both rise.
  2. Net exports and GDP both fall.
  3. Net exports and GDP go in opposite directions.
  4. Net exports fall and there is no change in GDP.

subject

high_school_macroeconomics

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Source and history

Official source

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