Question 6 (1 point) If a used car dealer buys a car for $6,000 and resells it for $6,500, how much has been added to GDP? 0 $500 0 $6,500 $6,000 0 O Nothing Save Question 7 (1 point) A German citizen buys an automobile produced in the United States by a Japanese company. As a result: U.S.net exports, GNP, and GDP are unaffected, Japanese GNP increases, German net exports decrease, and German GDP and GNP fall U.S.net exports increase, U.S. GNP and GDP are unaffected, Japanese GNP increases, German net exports decrease, and German GNP and GDP are unaffected. U.S.net exports and GDP increase, Japanese GNP increases, German net exports decrease, and German GDP and GNP are unaffected. U.S.net exports, GNP, and GDP increase, Japanese GDP increases, German net exports decrease, and German GDP is unaffected. Save Question 8 (1 point) US GNP can be calculated from US GDP by: Save Question 8 (1 point) US GNP can be calculated from US GDP by: Excluding the income earned by foreign factors of production in the US. Excluding the income earned by foreign factors of production in the US and including the income received by US factors of production located abroad. Excluding the income earned by US factors of production located abroad and including the income received by foreign factors of production in the US Excluding the income earned by US factors of production located abroad. Save Question 9 (1 point) Between 1910 and 2000, real GDP in Canada grew faster than the population. This means that: real GDP per capita in Canada was increasing O standards of living for Canadians, as a whole, were rising the growth rate of real GDP per capita was positive All of the above Save Question 10 (1 point) The US produces and sells millions of types of products. To add them up to a single aggregate, each good is weighted by: the market price O an average of market prices taken across all countries the cost of production the utility of consumers. Save Status