QUESTION 19Rachel, an Italian citizen, works only in Spain. The value she adds to production in Spain is includedin both Spanish GDP and Italian GDPin neither Spanish GDP nor Italian GDPin Italian GDP, but is not included in Spanish GDPin Spanish GDP, but is not included in Italian GDPa.b.с.d.O aO bO cQUESTION 20Table 2. Production of Country ABCmilk (in gallons)QuantityPizza PiesPriceQuantityPrice20171020230232.134201812262.15372019132.13620201323Refer to Table 2. Using 2017 as the base year, the real GDP of 2018 is$ 298$ 347.4020.a.b.$ 57С.d.$ 260

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QUESTION 19 Rachel, an Italian citizen, works only in Spain. The value she adds to production in Spain is included in both Spanish GDP and Italian GDP in neither Spanish GDP nor Italian GDP in Italian GDP, but is not included in Spanish GDP a. b. C. d. in Spanish GDP, but is not included in Italian GDP O a O d

QUESTION 19 Rachel, an Italian citizen, works only in Spain. The value she adds to production in Spain is included in both Spanish GDP and Italian GDP in neither Spanish GDP nor Italian GDP in Italian GDP, but is not included in Spanish GDP a. b. C. d. in Spanish GDP, but is not included in Italian GDP O a O d

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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