8. Suppose that an auto company owned entirely by German citizens opens a new factory in South...

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8. Suppose that an auto company owned entirely by German citizens opens a new factory in South Carolina.

a. What sort of foreign investment would this represent?

b. What would be the effect of this investment on U.S.

GDP? Would the effect on U.S. GNP be larger or smaller?

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Principles Of Macroeconomics

ISBN: 9780324171891

3rd Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 07:01 AM

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8. Suppose that an auto company owned entirely by German citizens opens a new factory in South...

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Principles Of Macroeconomics

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