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I was wondering if 8 is D and what 9 and 10 are conceptually 8) The difference between U.S. GDP and U.S. GNP is that

I was wondering if 8 is D and what 9 and 10 are conceptually

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8) The difference between U.S. GDP and U.S. GNP is that GNP includes and excludes 8) A) income of domestic firms producing in the U.S.; income of U.S. firms producing in foreign countries B) income of domestic firms producing in the U.S.; income of foreign firms producing in foreign countries C) income of U.S. firms producing in foreign countries; income of foreign firms producing in the U.S. D) income of foreign firms producing in the U.S.; income of U.S. firms producing in foreign countries 9) Suppose that in 2000 a country produced 20 computers at a price of $2,000 each and 4 cars at a price of $5,000 each. In 2001 a country produced 15 computers at a price of $3,000 each and 5 cars at a price of $6,000 each. What do we know has happened? 9) A) Nominal GDP has increased, and real GDP has increased. 40900 B) Nominal GDP has increased, and real GDP has decreased. C) Nominal GDP has decreased, and real GDP has increased. D) Nominal GDP has decreased, and real GDP has decreased. 45k + 3 10) Suppose that in 2000 a country produced 15 computers at a price of $2,000 each and 4 cars at a price of $5,000 each. In 2001 a country produced 20 computers at a price of $1,000 each and 5 cars at a price of $4,000 each. What do we know has happened? 10) A) Nominal GDP has increased, and real GDP has increased. price low and avant B) Nominal GDP has increased, and real GDP has decreased C) Nominal GDP has decreased, and real GDP has increased D) Nominal GDP has decreased, and real GDP has decreased

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