How are the us gdp and components affected

Reference no: EM131774684

Question: Assume a Nissan dealer in the U.S. bought 30 Maximas directly from Japan at a cost of $20,000 per car in the fall of 2002. By December 31, 2002, the dealer had sold 10 of these cars for $27,000 each. The remaining 20 cars were sold in early 2003 at an average price of $28,000 each.

a. How is the U.S. GNP affected in 2002 and 2003 as a result of this activity, by how much?

b. How are the U.S. GDP and its components (C, I, G, Export, and Import) affected in 2002 and 2003, by how much?

Reference no: EM131774684

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