Related to the Economics in Practice on p. 427: If a Harley Davidson dealer in Chicago sells a newly manufactured Harley motorcycle on eBay to a customer in Tokyo, Japan, the value of the motorcycle is
A) counted in U.S. GDP.
B) counted in Japanese GDP.
C) counted in U.S. GDP and Japanese GNP.
D) not counted in U.S. GDP because it was sold to a foreign customer.
Correct Answer:
Verified
Q161: Interest paid by businesses is
A) counted in
Q183: Related to the Economics in Practice on
Q183: GNP minus depreciation is
A) GDP.
B) NNP.
C) retained
Q185: The percentage of disposable personal income that
Q186: National income minus the amount of national
Q187: If personal saving is -$40 billion and
Q189: The total income of the country is
A)
Q190: If investment is larger than depreciation, the
Q193: If national income is $400 billion, personal
Q196: Transfer payments are subtracted from national income
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