Which of the following is an example of a U.S. import?
A) A French bottle of wine consumed by an American
B) An HP computer, made in the United States, purchased by a U.S. college student who plans to study abroad in France
C) A bushel of apples that Canadians pick and enjoy in Vermont
D) An HP computer, made in the United States, purchased by a French student
Correct Answer:
Verified
Q56: Which of the following does not appear
Q57: A closed economy is one in which:
A)
Q58: Consumption, as a component of GDP, measures:
A)
Q59: At the end of the year, 2,500
Q60: What is included when using the expenditure
Q62: Using the income approach to calculating GDP,
Q63: In a country open to trade, imports
Q64: Transfer payments are:
A) spending that transfers resources
Q65: What are U.S. imports?
A) U.S. goods sold
Q66: What are U.S. exports?
A) U.S. goods sold
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