QUESTION 1 In December 2021, Jackson Memorial Hospital buys a new magnetic resonance imaging (MRI) scanner, which is produced in Germany. The hospital will start using the scanner in January 2022. In 2021, the purchase will count as in the U.S. and as in Germany. O both an export and investment; an import an import but not investment; an export O an export but not investment; an import O both an import and investment; an export QUESTION 2 Which of the following is true? The GDP deflator includes the prices of imported goods. The weights the GDP deflator assigns to the prices of different goods and services stay constant over time. The GDP deflator excludes the prices of capital goods. The GDP deflator is a price index.
QUESTION 1 In December 2021, Jackson Memorial Hospital buys a new magnetic resonance imaging (MRI) scanner, which is produced in Germany. The hospital will start using the scanner in January 2022. In 2021, the purchase will count as in the U.S. and as in Germany. O both an export and investment; an import an import but not investment; an export O an export but not investment; an import O both an import and investment; an export QUESTION 2 Which of the following is true? The GDP deflator includes the prices of imported goods. The weights the GDP deflator assigns to the prices of different goods and services stay constant over time. The GDP deflator excludes the prices of capital goods. The GDP deflator is a price index.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 8PA
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