Which of the following is a transfer payment? I. Social Security II. Unemployment benefits

Which of the following causes the supply of leather jackets to decrease?

a. an increase in the price of leather jackets b. an increase in the price of leather c. a decrease in the price of zippers d. an increase in the number of motorcycles e. a decrease in consumer income

Bill Gates' recent purchase of a new Rolls-Royce automobile produced in Great Britain will:

a. increase the gross domestic product of the United States. b. have no effect on either country's GDP. c. decrease Great Britain's GDP. d. increase the net export component of U.S. gross domestic product. e. have to be subtracted from the U.S. GDP.