31.نه په ل و لم تمa.b.C.d.32.a.b.C.d.e.PPPFPa.33.How is your purchase of a $40,000 BMW automobile that was produced entirely in Germanyrecorded in the US GDP accounts?b.C.d.e.34.a.If US GDP exceeds US GNP, thenintermediate production exceeds final production.d.e.foreigners are producing more in the US than Americans are producing in foreign countries.real GNP exceeds nominal GNP.real GDP exceeds nominal GDP.Americans are producing more in foreign countries than foreigners are producing in the US.US GDP would exclude which of the following?Lawyer services purchased by a home buyer.The purchase of a new Nissan produced in JapanA new art gallery purchased by the city of New York.Lawn care services purchased by a homeowner.None of the above.Consumption increases by $40,000 and net exports decreases by $40,000.Net exports increase by $40,000.There is no impact because this transaction does not involve domestic production.Investment increases by $,000 and net exports increases by $40,000.Net exports decrease by $40,000.If your grandparents buy a newly built retirement home, this transaction will affectinvestment.net exports.government purchases.consumption.none of these answers.

***Since the student has posted multiple questions, the expert is required to solve only the first…

31. نه ل ل ت م م a. b. C If US GDP exceeds US GNP, then intermediate production exceeds final production. foreigners are producing more in the US than Americans are producing in foreign countries. real GNP exceeds nominal GNP. real GDP exceeds nominal GDP. Americans are producing more in foreign countries than foreigners are producing in the US.

31. نه ل ل ت م م a. b. C If US GDP exceeds US GNP, then intermediate production exceeds final production. foreigners are producing more in the US than Americans are producing in foreign countries. real GNP exceeds nominal GNP. real GDP exceeds nominal GDP. Americans are producing more in foreign countries than foreigners are producing in the US.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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