Soru
8. The Ford Motor Company makes a car in 2020 and sells it to the Jones family in 2021. This event increases a. both consumption and GDP in 2020. b. both consumption and GDP in 2021. c. consumption in 2020 and GDP in 2021 d. consumption in 2021 and GDP in 2020.
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4.7
(297 Oylar)
Canan
Elit · 8 yıl öğretmeni
Uzman doğrulaması
Cevap
The correct answer is b. both consumption and GDP in 2021.Explanation:When the Ford Motor Company makes a car in 2020 and sells it to the Jones family in 2021, it increases both consumption and GDP in 2021.Here's why:1. Consumption in 2021: - The Jones family's purchase of the car in 2021 increases their consumption expenditure, which is a component of GDP.2. GDP in 2021: - The car sold by Ford Motor Company in 2021 is included in the GDP calculation for that year, as it is a final good sold to the consumer.In contrast, the production of the car in 2020 does not directly affect GDP or consumption in 2020. The car's value is counted towards GDP in the year it was produced (2020), but it does not contribute to consumption until it is sold to the consumer in 2021.Therefore, the event of Ford Motor Company selling the car to the Jones family in 2021 increases both consumption and GDP in 2021, making option b the correct answer.