QUESTION
Which of the following goods and services available in the United States is NOT factored into counting GDP?
A) Apple software produced in Silicon Valley
B) education at the University of Iowa
C) Ford trucks manufactured in Michigan
D) Toblerone chocolate manufactured in Switzerland
E) Honda sedans manufactured in Kentucky
ANSWER
Answer: D
Explanation: D) GDP is the total value of all goods and services that a country produces within its borders in one year.
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