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Loraine Loraine
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8 years ago
When an American college student in Davis, California spends $200 on a pair of Louis Vuitton jeans (a famous French brand), U.S. consumption ________, U.S. net exports ________, and U.S. GDP ________.   
A) does not change; increases by $200; increases by $200
B) increases by $200; decreases by $200; does not change
C) increases by $200; does not change; increases by $200
D) does not change; does not change; does not change
E) does not change; decreases by $200; decreases by $200
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Thank you!
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