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Which of the following statements about GDP and GNP is WRONG? Cars produced in Canada using US capital should be part of Canada's GDF Planes produced in the US using Canadian capital should be part of Canad GDP. GNP max he larger or smaller than GDP.

Which of the following statements about GDP and GNP is WRONG? Cars produced in Canada using US capital should be part of Canada's GDF Planes produced in the US using Canadian capital should be part of Canad GDP. GNP max he larger or smaller than GDP.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following statements about GDP and GNP is WRONG? Cars produced in Canada using US capital should be part of Canada's GDP. Planes produced in the US using Canadian capital should be part of Canada's GDP. GNP may be larger or smaller than GDP. O GNP is equal to GDP plus net factor payments from abroad.
Transcribed Image Text:Which of the following statements about GDP and GNP is WRONG? Cars produced in Canada using US capital should be part of Canada's GDP. Planes produced in the US using Canadian capital should be part of Canada's GDP. GNP may be larger or smaller than GDP. O GNP is equal to GDP plus net factor payments from abroad.
Suppose this year's interest rate is 1%, and the expected interest rates of next year is 3%. Using the expectations theory of the term structure, what is the *annual* interest rate of a 2-year bond? 2% O 4% O 3% 1%
Transcribed Image Text:Suppose this year's interest rate is 1%, and the expected interest rates of next year is 3%. Using the expectations theory of the term structure, what is the *annual* interest rate of a 2-year bond? 2% O 4% O 3% 1%
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