1- Suppose, for example, that a foreign citizen (Hindi) is employed in the US economy. He has found employment in an agricultural farm in California, and earns $15,000 in Year 2018. His income is A: included in neither US GDP nor US GNP. B: included in U.S. GDP, but not in US GNP. C: included in U.S. GNP, but not in US GDP D: included in both US GDP and US GNP.

2- Alternatively, suppose a US citizen, Josh, is hired is a factory in a foreign nation (e.g., Mexico), and earns $20,000. If Hindi (in the above question) is the only foreigner who is working in the US and Josh is only the US citizen working in a foreign nation, then net foreign factor income in 2018 is: A: - $15,000 B: $0 C: $5,000

D: - $5,000 E: $17,500

3- Use the table below to answer the next 2 questions.

Year	Nominal Income (dollars)	CPI	Real Income Dollars
1	$44,600	130
2	$48,200		$35,183
3	$51,000	139

What is the value of the CPI in Year 2?

In What is the percentage change in real income from Year 2 to Year 3?