Which of the following is included in both the U.S. GDP and U.S. GNP?
A) the value of all cars produced by Nissan in Japan and the United States
B) the value of all cars produced by Ford in Mexico
C) the value of all cars produced by Toyota in the United States
D) the value of all cars produced by General Motors in the United States
D
Economics
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Banking panics are especially dangerous because:
A. they can lead to other panics, such as retail panics. B. the government will respond by seizing all banking assets. C. they can start easily and spread quickly. D. the banking sector employs about 25% of workers in the United States.
Economics
In the graph shown, which of the world supply curves create a trade deficit?
A. WAS0 B. WAS1 C. WAS2 D. None create deficits.
Economics