What are U.S. imports?
A) U.S. goods sold to foreigners
B) Foreign goods bought by Americans
C) U.S. goods sold to Americans
D) Foreign and U.S. goods sold to foreigners
Correct Answer:
Verified
Q60: What is included when using the expenditure
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Q62: Using the income approach to calculating GDP,
Q63: In a country open to trade, imports
Q64: Transfer payments are:
A) spending that transfers resources
Q66: What are U.S. exports?
A) U.S. goods sold
Q67: Real GDP is calculated:
A) on goods and
Q68: What are the four components that make
Q69: Which of the following is an example
Q70: Which of the following is an example
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