When the Japanese car maker Toyota expands one of its car factories in the United States, what

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When the Japanese car maker Toyota expands one of its car factories in the United States, what is the likely impact of this event on the gross domestic product and gross national product of the United States?

a. GDP rises, and GNP falls.

b. GNP rises, and GDP falls.

c. GDP and GNP both rise, but GDP rises by more.

d. GDP and GNP both rise, but GNP rises by more.

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Essentials Of Economics

ISBN: 9780357723166

10th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 26, 2024 03:01 AM

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When the Japanese car maker Toyota expands one of its car factories in the United States, what

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Essentials Of Economics

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