Which of the following transactions would be included in this year's GDP for the United States?
a. Deion sends $100 to a hotel in Costa Rica as a deposit for his vacation.
b. Deion buys a travel guide written by a Costa Rican woman living in the United States.
c. Deion buys a shirt while on vacation in Costa Rica.
d. Deion spends money in an American-owned restaurant in Costa Rica.
B
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Which is true?
a. Brazil has seen an average decline in the number of children that the average Brazilian woman has b. on average, tall people are paid higher salaries c. As the Venezuelan govt seizes more foreign-owned businesses, her economic growth will decline d. all
Since World War II, world trade has
A) decreased in importance as nations turn inward due to security concerns. B) increased, but not as dramatically as annual world real GDP has climbed. C) risen sharply, outpacing gains in annual world real GDP. D) increased in relative importance for most nations, but not for the United States.