An American citizen works for a U.S.-owned architectural firm located in Mexico. This architect will contribute toward:

A. U.S. GDP since he's a U.S. citizen.
B. Mexico's GDP since he's working in Mexico.
C. both Mexico's and U.S. GDP.
D. U.S. GDP since he's working for a U.S. firm.

Answer: B

Economics

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A) equals zero. B) equals its marginal cost. C) exceeds its marginal cost but not necessarily by as much as possible. D) is less than its marginal cost. E) exceeds its marginal cost by as much as possible.

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If the cost of fertilizer rises, then the price of corn will:

a. rise. b. fall. c. remain unchanged. d. react unpredictably.

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