State the following statement is True or False, and explain why. Thor who lives in Montana purchased a car produced in Japan for $30,000. His purchase decreased GDP by $30,000.

false

His purchase left GDP unchanged

Consumption of non durables would increase.

Also, net export would decrease.

these effects would cancel out

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

idk just tryinna get some points skskksksks

answer; common market;