The earnings of a Spanish factory with British owners are
A) counted in Spain's GDP.
B) part of Britain's GNP.
C) only counted in Britain's GDP.
D) only part of Spain's GNP.
E) counted in Britain's GDP and are a part of Spain's GNP.
E
You might also like to view...
The potential adult work force includes:
A) non-institutional population 13 years and over plus people on active duty in the military. B) non-institutional population 16 years and over plus people on active duty in the military. C) non-institutional population 18 years and over. D) civilian non-institutional population 16 years and over.
Robinson Crusoe divides his time between catching fish and gathering fruit. Part of his production possibilities frontier is given in the above table
If Mr. Crusoe is on his PPF and he increases the amount of fruit he gathers from 56 to 90 pounds, the opportunity cost is A) 37 pounds of fish. B) 31 pounds of fish. C) 17 pounds of fish. D) 34 pounds of fruit. E) 90 pounds of fruit.