Author Question: Which of the following is directly included in the U.S. GDP for 2013? i. a 2013 Cadillac Escalade ... (Read 93 times)

jCorn1234 · **on:** Jun 30, 2018

Which of the following is directly included in the U.S. GDP for 2013?

i. a 2013 Cadillac Escalade produced and sold as a new car in the United States in 2031
ii. tires produced in the United States, purchased by General Motors, and installed on a new Cadillac Escalade sold in 2013
iii. General Motors cars produced in Canada because General Motors is an American corporation
A) i and iii B) i only C) i, ii, and iii D) ii and iii E) ii only

Question 2

Collective bargaining can:

A) makes it easier for workers outside a union to get jobs.
B) increase profitability of firms.
C) reduce wages.
D) increase unemployment.