Final answer:
The statement is false. The federal Domestic Production Activities Deduction has been repealed and does not apply, and state-level adjustments like Oregon's may differ. Imports are subtracted in the calculation of domestic production figures.
Step-by-step explanation:
The statement that the federal Domestic Production Activity income adjustment is linked to Oregon and does not require any Oregon additions or subtractions is False. This is because the federal Domestic Production Activities Deduction (DPAD), which was in effect until the end of 2017 and allowed businesses to deduct a percentage of their income from domestic production, has been repealed at the federal level with the enactment of the Tax Cuts and Jobs Act. However, states may have different rules for similar deductions or adjustments in their tax codes. When considering domestic production and consumption, it's important to note that when an American purchases a foreign product, this is counted in the consumption but does not contribute to domestic income, since the income goes to foreign producers instead. Accordingly, these imports are subtracted in the M term (representing imports) of the equation to calculate the adjusted gross domestic product or state-level income figures.