An American buys a pair of shoes made in Italy. How do the U.S. national income accounts
Question:
An American buys a pair of shoes made in Italy.
How do the U.S. national income accounts treat the transaction?
a. Net exports and GDP both rise.
b. Net exports and GDP both fall.
c. Net exports fall, while GDP does not change.
d. Net exports do not change, while GDP rises.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
The correct answer is c Net exports fall while GDP does not change When a...View the full answer
Answered By
Rishabh Ojha
During my undergraduate i used to participate as TA (Teaching Assistant) in several electronics and computers subject. I'm passionate about learning Computer Science as my bachelors are in Electronics but i learnt most of the Computer Science subjects on my own which Machine Learning also. At Present, i'm a working professional pursuing my career as a Machine Learning Engineer and i want to help others learn during my free hours, that's all the motivation behind giving tuition. To be frank i have no prior experience of tutoring but i have solved problems on opensource platforms like StackOverflow and github. ~Thanks
3+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
