Multiple Choice
If a foreign car manufacturer builds a plant in the United States,the new plant will
A) Increase the GDP by the amount produced.
B) Have no effect on the GDP because it is a foreign company.
C) Decrease the GDP by the amount produced because of foreign ownership.
D) Increase the GDP by the net exports of the company.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: What is macroeconomics?
Q24: Which of the following does not count
Q25: GDP stands for<br>A) gross domestic price.<br>B) general
Q26: Which of the following is NOT an
Q27: The production by American companies in foreign
Q29: Net exports are calculated as exports minus
Q30: If goods are produced domestically but sold
Q31: Imports enter the GDP<br>A) with a positive
Q32: GDP per capita means<br>A) gross domestic product
Q33: The underground economy includes<br>A) self-employed workers.<br>B) babysitters