A consumer buys toys made in China. The value of the toys is included only in the net exports component of GDP

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

False

Economics

You might also like to view...

What is the quantity theory of money?

What will be an ideal response?

View
Economics

The Internet auction site eBay is an example of a(n)

A) Sealed Bid Auction. B) Second-Price Auction. C) English Auction. D) Both A and B.

View
Economics