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Author Question: Which of the following would increase GNP in the United States? A) an increase in the production ... (Read 77 times)

Alainaaa8

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Which of the following would increase GNP in the United States?
 
  A) an increase in the production of Japanese-owned Toyota cars in the U.S.
  B) an increase in the production of Japanese-owned Toyota cars in Mexico
  C) an increase in the production of Mexican-owned Grupo Minsa corn in the U.S.
  D) an increase in the production of U.S.-owned General Motors cars made in Mexico

Question 2

A decrease in aggregate demand will
 
  A) cause the short-run Phillips curve to shift to the right.
  B) decrease unemployment.
  C) move the economy to a lower point on the short-run Phillips curve.
  D) cause inflation.



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brbarasa

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Answer to Question 1

D

Answer to Question 2

C




Alainaaa8

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


sultansheikh

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Reply 3 on: Yesterday
Excellent

 

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