International students in the US spent more than $30 billion each year. Should we count this amount

Fantastic news! We've Found the answer you've been seeking!

Question:

International students in the US spent more than $30 billion each year. Should we count this amount in the GDP figures of the US? If so, in what category? Provide a precise answer.

Related Book For answer-question

Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

See More Books

Posted Date: Mar 12, 2019 10:05 AM

See More Questions

An investor purchased 200 shares of Mallard common stock at $20 per share on March 15. On December 31, the stock was quoted at $19 per share and Mallard declared and paid a dividend of $1.50 per...
If financial intermediation breaks down, what category of GDP will probably fall the most: consumption, investment, government purchases, or net exports?
If the nominal GDP is $559 billion in the base year, and it rises to 577 in Year 1, and 605 in Year 2, what is the real GDP in each year, given that the price index has risen from 100 to 104.5 in the...
1. Let f(x) = 2x+6 if x < -1 3x+2 if x -1 (a) What is lim, -1- f(x)? Your answer will depend on b. (b) What is lim,-1+ f(x)? (c) For what values of b does limx-1 f(x) exist? 2. Suppose that f and g...
Let B denote the closed unit ball in a finite-dimensional normed linear space B = {x X: ||x|| 1} and let S denote its boundary, that is, S = {x X: ||x|| 1} There is no continuous function r: B S...
Isaac owns a shop selling fishing supplies. He places an advert in his shop window, "Five handmade fishing rods for sale: each 1,000. Available only to the first five people who pay me this amount by...
What is Engineering?
Your boss has told you to evaluate two ovens for Tink-the-Tinkers, a gourmet sandwich shop. After some questioning of vendors and receipt of specifications, you are assured that the ovens have the...
For each one of the given functions below, derive both the minterm expansion and maxterm expansion: (The final answer must be in the form F(A,B,C,D) =m(......) for minterm expansion and F(A,B,C,D)...
Gormans company purchases land for 275000 cash to build their new pool business facility with the purchase the company assumes 3500 in back proerty taxes due the land the litle and attorney fees...
You are a U.S. investor who is trying to calculate the present value of a 19 million cash inflow that will occur one year in the future. The spot exchange rate is S = $1.345/;; and the forward rate...
Access https://www.mtholyoke.edu/sites/default/files/datawarehouse/docs/dwprojectprocessanddocumentation.pdf. Analyzing the comprehensive Scope Statement for the data warehousing project, what...
Define the term quantitative easing.
Explain how the Feds open market operations result in expansionary or contractionary policies.
Clearly explain the dynamics involved in the policy that the financial press referred to as Operation Twist.
Hurst, Inc. sold its 8% bonds with a maturity value of $9,000,000 on August 1, 2019 for $8,838,000. At the time of the sale the bonds had 5 years until they reached maturity. Interest on the bonds is...
Gordon and Lisa estimate that they will need $1,875,000 in 40 years for their retirement years. If they can earn 8 percent annually on their funds, how much do they need to save annually?
If one company has a significantly higher debt-to-equity ratio than the other two, what might be driving this? How might the DuPont ratios help explain this?
One of the assumptions made in this chapter was that the U.S. market for sugar was small relative to the overall world market for sugar, so that when the United States entered the world market for...
Compared with its fast growth today, is Chinas economy likely to grow more quickly or more slowly in the future?
a. Two girls are sharing a cold chocolate milk, as in the picture below. How long do you think it will take them to drink all the milk? How long would it take if each girl had their own glass and...
Describe the situation for which but-for or collapsed as-built analysis is most appropriate.
The entire process of project time management can be enhanced considerably by scheduling periodic job progress meetings. What is the objective of such a meeting, and who should participate?
Why is an independent review of work accomplishment preferred over having the foreman responsible for the work do the assessment?

International students in the US spent more than $30 billion each year. Should we count this amount

Question:

Expert Answer:

When international students spend 30 billion ... View the full answer

Modern Principles of Economics

Students also viewed these economics questions