Sheri, a u. s. citizen, works only in germany. the value she adds to production in germany is included

a. in both german gdp and u. s. gdp.
b. in german gdp, but is not included in u. s. gdp.
c. in u. s. gdp, but is not included in german gdp.
d. in neither german gdp nor u. s. gdp.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.