Business, 21.03.2020 07:21 klysse123

A Japanese firm manufactures cars in the US. Assume that each car sells for $20,000 to a consumer in the US. Also assume that on each car the Japanese manufacturer earns $2000 in profits and remits those to the holding company in Japan. Assume that the car is manufactured with US made parts only. What is the contribution of each car to the US GDP

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A Japanese firm manufactures cars in the US. Assume that each car sells for $20,000 to a consumer in...

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