A U.S. consumer buys a new Toyota vehicle (a Japanese company), which is manufactured at Toyota manufacturing facility using all U.S. made parts in San Antonio, TX. As a result, OU.S. consumption, U.S. GDP, and Japanese GDP are all unaffected. OU.S. consumption and GDP increase, but Japanese GDP is unaffected U.S. consumption and Japanese GDP increase, but U.S. GDP is unaffected. U.S. consumption, U.S. GDP, and Japanese GDP all increase.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 6P
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A U.S. consumer buys a new Toyota vehicle (a Japanese company), which is
manufactured at Toyota manufacturing facility using all U.S. made parts in San
Antonio, TX. As a result,
OU.S. consumption, U.S. GDP, and Japanese GDP are all unaffected.
U.S. consumption and GDP increase, but Japanese GDP is unaffected
U.S. consumption and Japanese GDP increase, but U.S. GDP is unaffected.
OU.S. consumption, U.S. GDP, and Japanese GDP all increase.
Transcribed Image Text:A U.S. consumer buys a new Toyota vehicle (a Japanese company), which is manufactured at Toyota manufacturing facility using all U.S. made parts in San Antonio, TX. As a result, OU.S. consumption, U.S. GDP, and Japanese GDP are all unaffected. U.S. consumption and GDP increase, but Japanese GDP is unaffected U.S. consumption and Japanese GDP increase, but U.S. GDP is unaffected. OU.S. consumption, U.S. GDP, and Japanese GDP all increase.
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