A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result, a) U. S. investment and GDP increase, but German GDP is unaffected. b) U. S. investment and German GDP increase, but U. S. GDP is unaffected. c) U. S. investment, U. S. GDP, and German GDP are unaffected because tractors are intermediate goods. d) U. S. investment, U. S. GDP, and German GDP all increase.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A Minnesota farmer buys a new tractor made in Iowa by a German company. As a result, a) U. S. investment and GDP increase, but German GDP ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Several European countries spend less time working and more time on leisure activities than the United States. How is this greater leisure time accounted for in gross domestic product measurements?
Answers (1)
Universal containers has automated the process of creating new account records in salesforce. all account records created through this process are owned by a generic user. there are two million account records that have been created in this manner.
Answers (1)
Whats a good way to make more money from $9.00,
Answers (1)
During January, its first month of operations, Marigold Company accumulated the following manufacturing costs: raw materials $5,100 on account, factory labor $7,500 of which $5,800 relates to factory wages payable and $1,700 relates to payroll taxes
Answers (1)
When a licensee transfers from the employ of one broker to another, of the following who is responsible for surrendering the license to the Real Estate Commission:
Answers (1)
New Questions in Business
Suppose that a worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year, and a worker in Sylvania can produce ei ther 2 units of corn or 6 units of wheat per year. Each nation has 10 workers.
Answers (1)
How can business taxes positively affect an economy? A If taxes are low, more businesses can be created. B If taxes are low, then businesses will give more of their earnings away.
Answers (1)
Assume Joe Harry sells his 25% interest in Joe's S Corp., Inc. to Tyrone on January 29. Using the daily allocation method, how much income does Joe Harry report if Joe's S Corp., Inc.
Answers (1)
Whirlwind Financial Corporation sends its executives to a resort in Mexico-at taxpayer's expense-to consider using the firm's cash to buy back its stock and thereby prop up the value. Many of its competitors are doing the same thing.
Answers (1)
LO 7.2Rehydrator makes a nutrition additive and expects to sell 3,000 units in January, 2,000 in February, 2,500 in March, 2,700 in April, and 2,900 in May.
Answers (1)