Question
) Smith, a U.S. citizen, has been working as an executive of a telecommunication company in U.S., and her annual salary in 2019 was US$220,000.
) Smith, a U.S. citizen, has been working as an executive of a telecommunication company in U.S., and her annual salary in 2019 was US$220,000. Her salary was expected to remain unchanged if she continued to work in the company. At the end of the year 2019, however, she was recruited by a media company in Brazil, so she started working in Brazil from January 2020, making an annual salary of US$260,000. Assuming that the amount of her salary equals the amount of her contribution to the production in the company she works for, how much the annual U.S. GDP and GNP in 2020 was changed due to her job relocation??Clearly show the reasoning for your answer.
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