Author Question: Suppose that the BMW plant in Spartanburg, SC, produces 10 million worth of vehicles in a given ... (Read 71 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
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
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library