Which of the following is the correct equation for GDP?
GDP= C+I+G+(X-M)
GDP= R+W+I+P
GDP+ C+T+R=(X+M)
GDP= D+T+I-X
Ford Motor Company produces $10 million in automobiles and sells them to customers in China. In which category of GDP does this transaction go?
Investment spending
Net export spending
Consumer spending
Government spending
Lockheed company produces and sells 45 fighter jets to the U.S. military. In which category of GDP does this transaction go?
Investment spending
Net export spending
Government spending
Consumer spending
See's candy in San Francisco produces and sells candy to families in the United States for the Holidays. In which category of GDP does this transaction go?
Investment spending
Consumer spending
Government spending
Net export spending
A construction company build new houses in the Planters subdivision. In which category of GDP does this transaction go?