Multiple Choice
Which of the following transactions would be included in U.S.GDP but not in GNP?
A) An American tourist spends money in Mexico City.
B) The U.S.government hires an American economist to evaluate United States/Mexico trade policy.
C) A car is produced in Detroit and exported to Mexico.
D) A salary is paid to a Canadian engineer employed in the California computer industry.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Your brother graduated from college 10 years
Q138: What is the difference between real and
Q139: Suppose that the consumer price index of
Q187: Suppose that Mike earned $15,000 in 2008
Q188: Which of the following is not a
Q190: Which one of the following transactions would
Q191: Which of the following is included as
Q194: If the price index was 90 in
Q196: Which of the following transactions would be
Q197: Your father tells you he earned $3.00