Geographic Boundaries Of Gross Domestic Product
Why is the revenue generated by a United States singer performing a concert abroad excluded from the U.S. GDP?
A
The service was provided outside the borders of the United States.
B
Entertainment revenues are exempt from GDP calculations.
C
Services are not included in the calculation of GDP.
D
The revenue is only counted if the funds are transferred to the United States.
E
Only physical goods and inventory are included in the GDP.
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