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Canyou please help answer these questions? Thanks Which of the following is NOT included in U.S. GDP? Multiple Choice Skipped O toys produced by a

Canyou please help answer these questions?

Thanks

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Which of the following is NOT included in U.S. GDP? Multiple Choice Skipped O toys produced by a U.S. firm located in China O beer brewed in Colorado and purchased by a German tourist O a car made by a Japanese auto producer in Kansas O corn grown in lowa and exported to Africa2 Which of the following statements is true? Multiple Choice 0 Nominal GDP is a good measure of social welfare. 0 GDP per capita is a complete measure of social welfare. 0 Crime and pollution reduce social welfare which reduces GDP. GDP is not necessarily the best measure of social welfare. Suppose during a year an economy produces $10 trillion of consumer goods, $4 trillion of investment goods. $6 trillion in government services, and has $4 trillion of exports and $5 trillion of imports. GDP would be Multiple Choice 0 $19 trillion. 0 $21 trillion. 0 $24 trillion. 0 $29 trillion. 1 Which of the following is an example of investment, as a component of GDP? Multiple Choice 0 the purchase of a truck by a delivery company 0 the purchase of Ford stock by an individual saving for retirement 0 the purchase ofland by an individual the purchase of bridges and dams by the government 5 Which of the following situations is sufficient to represent current demand for a car? Multiple Choice O You have plenty of money to buy it, but you can't decide if you want a motorcycle or a car. O You have enough money to buy it and you are willing to spend the money on the car. O You've decided you want a car and you can possibly borrow the money from a bank. O You want to buy a motorcycle and a car and you'll have enough money for both in two years.6 Which of the following is not a determinant of demand? Multiple Choice 0 income available technology 0 the price of other goods expectations of Income 7 A market shortage occurs when Multiple Choice 0 the quantity demanded is less than the quantity supplied at a given price. 0 the market price is below equilibrium. 0 sellers produce a lot ofthe product and consumers like it a lot. a new product is introduced at the equilibrium price

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