Author Question: U.S. net exports include A) sales of Hollywood movies to the rest of the world. B) the ... (Read 29 times)

Diane · **on:** Jun 29, 2018

U.S. net exports include

A) sales of Hollywood movies to the rest of the world.
B) the production of Ford Mustangs in China that are sold in China.
C) Honda automobiles produced and sold in Japan.
D) the sale of shares of Nike stock on the New York Stock Exchange.
E) the sale of U.S. government securities to U.S. citizens.

Question 2

Refer to the scenario above. What is the absolute value of Gary's arc elasticity of demand for shirts?

A) 1.2
B) 2.14
C) 3.26
D) 5