Which of the following is not part of U.S. GDP?
a. the value of a Toyota imported from Japan
b. the value of a Ford Mustang produced in the United States and sold in Canada
c. the salary of the governor of Minnesota
d. the value of a Rhode Island attorney's services
a
Economics
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A price ceiling is
A) the lowest price a seller can charge for a good without losing all her customers. B) a legal minimum price that can be charged for a particular good or service. C) a legal maximum price that can be charged for a particular good or service. D) the lowest price a buyer can pay for a good without having to report the purchase to the government.
Economics
Net investment plus depreciation is equal to:
A. gross depreciation. B. gross domestic product. C. gross exports. D. gross investment.
Economics