the value of the housing services provided by the economy's owner-occu grapes are considered intermediate goods a u.s.-owned automobile factory uses $100,000 worth of parts purchased from foreign countries along with u.s. inputs to produce 30 cars worth $20,000 each. twenty of these cars are sold and 10 are left in inventory. how much did these actions add to gdp?

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1. Which of the following statistics is usually regarded as the best single measure of a society’s economic wellbeing? 1. Gross Domestic Product  The GDP represents the total income of everyone in the economy.  It measures two things at once. 1. The total income of everyone in the economy 2. The total expenditure on the economy's output of goods and services b. For an economy as a whole, 1. Income must equal expenditure.  Why? There are transactions between two parties: a buyer and a seller b. Which of the following is a way to compute GDP? 1. Add up the market values of all final goods