Based on the table "Real and Nominal GDP," if year one is the base year, then the GDP deflator for year two is ________

Profits earned in the United States by a foreign-owned firm would be included in

a. gross domestic product and gross national product. b. gross national product but not in gross domestic product. c. gross domestic product but not in gross national product. d. neither gross domestic product nor gross national product.

Primary liabilities of the Federal Reserve include

a. Federal Reserve notes. b. U.S. government securities. c. loans to banks. d. reserve deposits by banks. e. Both a and d