« previous next »

Author Question: Suppose that the BMW plant in Spartanburg, SC, produces 10 million worth of vehicles in a given ... (Read 12 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
Suppose that the BMW plant in Spartanburg, SC, produces 10 million worth of vehicles in a given year. Of this total amount, 1 million in profits are returned to the owners of the company in Germany. The 1 million in profits
 
  A) contributes to both U.S. GDP and U.S. GNP.
  B) contributes to U.S. GNP, but not U.S. GDP.
  C) contributes to U.S. GDP, but not U.S. GNP.
  D) contributes to neither U.S. GDP, nor U.S. GNP.

Question 2

The expected real cost to a firm of using an additional unit of capital during a period of time is the
 
  A) user cost of capital.
  B) marginal product of capital.
  C) marginal cost of capital.
  D) opportunity cost of capital.


annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Crop plants developed by selective breeding of the wild mustard plant. Crop plants developed by selective breeding of the wild mustard plant.
Sun-tracking behaviour of the arctic plant, Dryas integrifolia, heats the reproductive parts of its Sun-tracking behaviour of the arctic plant, Dryas integrifolia, heats the reproductive parts of its
Plant Plant
Plant Plant
The development of a eudicot plant embryo. The development of a eudicot plant embryo.
Fat storage in a plant seedling Fat storage in a plant seedling
Video: Metabolic Rate, Heat and Thermoregulation - response to heat and cold stresses

For a complete list of videos, visit our video library