When Ford increases the production of cars in Romania, which of the following occurs?
A) GDP in the United States rises. B) GNP in the United States rises.
C) GNP in Romania rises. D) Both A and C occur.
B
Economics
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In the model of the open economy with perfect capital mobility, ________ is an exogenous variable
A) Y B) C C) I D) S E) r
Economics
The use of tax penalties to control pollution represents a
a. price-based market approach to the pollution problem. b. non-market approach to the pollution problem. c. major source of current federal revenues. d. pollution-rights solution to the pollution problem.
Economics