3 QUESTION 1In 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 inJanuary 2022.In 2021, the purchase will count asin the U.S. and asin Germany.O both an export and investment;an importan import but not investment:an exportan export but not investment;an importO both an import and investment;an exportQUESTION 2Which 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.

1 For US, purchase of machinery will be counted as both an import and investment in 2021. For…

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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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