Homework Answers
Solution: Option-1 U.S. net exports and GDP increase, German GNP increases, Japanese net exports decrease, and Japanese GNP and GDP are unaffected
Explanation: It will increase the net exports and GDP of U.S; Net National product of German will increase; GNP and GDP of Japan will not be affected with this transaction, however will reduce it's net exports
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A Japanese citizen buys an automobile produced in the United States by a German company. As...
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1). If the price of Australian-made shoes imported into the United States increase, then, at a...
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7. Which COMPONENT(S) (if any) of U.S. GDP (consumption C, invest- ment I, government spending G,...
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please answer all
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please answer all
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do his oil changes, and in turn. Aaron hires Adam to keep his car
clean. As a result of this change , GDP
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