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Which of these will be included in US GDP for 2005

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solution


Question

Which of these will be included in US GDP for 2005;a) a car produced in Japan in 2005 and sold in the US in 2005;b) a car produced in the US in 2004 and sold in Japan in 2005;c) a car produced in the US in 2004 and sold in the US in 2005;d) a car produced in the US in 2005 and sold in Japan in 2006;e) a car produced in Japan in 2004 and sold in the US in;2005;Which of the following scenarios best;illustrates the concept of cyclical unemployment;a) Grace loses her job because of new automated machinery;b) Sean quits his job to look for work that is more fun;c) Ellen is unqualified for most jobs because she dropped out of high;school;d) Marian loses her job because of a recession

 

Paper#22943 | Written in 18-Jul-2015

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