Question 1 (1 point) The value of the cars that the Ford Motor Company produces in a German plant: a) is not a part of U.S. GNP. ( b) is a part of German GDP. c) is a part of German GNP. ( d) is a part of U.S. GDP. Question 2 (1 point) Which of the following is NOT counted toward the calculation of GDP? a) services provided by U.S. Senators b) payments to Social Security recipients c) services provided by police officers O d) purchases of military hardwareQuestion 4 (1 point) What does the X represent in the following formula, used to calculate GDP? GDP = C+/+ G+(X - M) a) imports ( b) exports c) government spending O d) net exportsQuestion 6 (1 point) Which of the following best describes the informal economy? .9 a) It does not include transactions dealing with illegal gOOdS and services. __ b) It is largely unmeasured. * l Cl It does not include income earned by undocumented residents. d) It is around 20% of us. GDP. Question 9 (1 point) If there is no government and no foreign sector in the economy: O a) personal income and disposable personal income are unequal. b) international trade is an important part of total spending. O c) GDP = C +1. d) budget and trade deficits are important parts of the model of the economy.Question 11 (1 point) Increases in ___________ often lead to economic growth. '7' a) technology "$1,? b) money supply Cl government regulations (:1) public goods Question 12 (1 point) Which of the following technologies most strongly affected the growth in US. productivity in recent decades? l~"7l a) microcomputers ~74] bl ticker tape 7 Cl railroads 7 Cl) petrochemicals