BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 5, Problem 4CQQ
Textbook Problem

An American buys a pair of shoes made in Italy. How do the U.S. national income accounts treat the transaction?

  1. a. Net exports and GDP both rise.
  2. b. Net exports and GDP both fall.
  3. c. Net exports fall, while GDP is unchanged.
  4. d. Net exports are unchanged, while GDP rises.

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