Production by Honda, a Japanese firm, in the United States is included in ________ GDP and production by Nike Corporation, a U.S. firm, in Vietnam is included in ________ GDP
A) U.S.; U.S.
B) Japanese; Vietnamese
C) U.S. and Japanese; U.S. and Vietnamese
D) Japanese; U.S.
E) U.S.; Vietnamese
E
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Which of the following is not true about income quintiles?
a. Only one in seven households in the bottom quintile has anybody working full time b. Only one in three households in the top quintile has anybody working at all c. A primary contributor to the smaller share of income going to the bottom quintile has been the growth of single-parent households d. Three out of four households in the top quintile have two or more working e. A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households
You see on the news that a recession has started in Saudi Arabia. Which of the following would happen in the market for Saudi riyals?
a. A decrease in the supply of riyals and an appreciation of the riyal. b. An increase in the supply of riyals and a depreciation of the riyal. c. A decrease in the supply of riyals and a depreciation of the riyal. d. An increase in the supply of riyals and an appreciation of the riyal. e. Cannot be determined without additional information.