QUESTION 1 In December 2021, Jackson Memorial Hospital buys a new magnetic resonance imaging (MRI) scanner, which is produced in Germany. The hospital will start using the scanner in January 2022. In 2021, the purchase will count as in the U.S. and as in Germany. O both an export and investment; an import an import but not investment; an export O an export but not investment; an import O both an import and investment; an export QUESTION 2 Which of the following is true? The GDP deflator includes the prices of imported goods. The weights the GDP deflator assigns to the prices of different goods and services stay constant over time. The GDP deflator excludes the prices of capital goods. The GDP deflator is a price index.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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QUESTION 1
In December 2021, Jackson Memorial Hospital buys a new magnetic resonance imaging (MRI) scanner, which is produced in Germany. The hospital will start using the scanner in
January 2022.
In 2021, the purchase will count as
in the U.S. and as
in Germany.
O both an export and investment;
an import
an import but not investment:
an export
an export but not investment;
an import
O both an import and investment;
an export
QUESTION 2
Which of the following is true?
The GDP deflator includes the prices of imported goods.
The weights the GDP deflator assigns to the prices of different goods and services stay constant over time.
The GDP deflator excludes the prices of capital goods.
The GDP deflator is a price index.
Transcribed Image Text:QUESTION 1 In December 2021, Jackson Memorial Hospital buys a new magnetic resonance imaging (MRI) scanner, which is produced in Germany. The hospital will start using the scanner in January 2022. In 2021, the purchase will count as in the U.S. and as in Germany. O both an export and investment; an import an import but not investment: an export an export but not investment; an import O both an import and investment; an export QUESTION 2 Which of the following is true? The GDP deflator includes the prices of imported goods. The weights the GDP deflator assigns to the prices of different goods and services stay constant over time. The GDP deflator excludes the prices of capital goods. The GDP deflator is a price index.
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