A U.S.-owned car factory in Mexico produces $5 million of cars. $2.5 million of these cars are sold in Mexico and the other $2.5 million are sold in the U.S. In both cases $1 million of the value of the cars was due to U.S-owned equipment located in Mexico and U.S. managers working in Mexico. How much did this production contribute to U.S. GDP?

A pollution haven is

A) a place where people actually like pollution and view it as a positive externality. B) a location with weak environmental rules that attracts manufacturing companies due to decreased costs. C) a place that has very low worker wages. D) unattractive for multinational investment because of the ambient pollution.

Most entrepreneurs are self-employed

a. True b. False Indicate whether the statement is true or false