Multiple Choice
When a U.S.citizen buys $500 of Chinese-made parts for a motorcycle,
A) U.S.consumption falls by $500,U.S.net exports decline by $500,and U.S.GDP declines by $1000.
B) U.S.consumption does not change,U.S.net exports decline by $500,and U.S.GDP declines by $500.
C) U.S.consumption increases by $500,U.S.net exports remain the same,and U.S.GDP increases by $500.
D) U.S.consumption increases by $500,U.S.net exports decline by $500,and U.S.GDP remains the same.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: In the economy of Talikastan in 2015,consumption
Q5: Which of the following is included in
Q6: Which of the following is included in
Q7: A transfer payment is<br>A)a payment for moving
Q8: Which of the following examples of household
Q10: Transfer payments are<br>A)included in GDP because they
Q11: In 2015,U.S.net exports were<br>A)positive and about 3
Q12: In the economy of Talikastan in 2015,consumption
Q13: In the economy of Talikastan in 2015,consumption
Q14: Which of the following is an example