Related to the Economics in Practice on P

question 174

Multiple Choice

Related to the Economics in Practice on p. 427: The value of the used goods sold on eBay from a U.S. seller to a U.S. buyer is

• A) counted in U.S. GDP but not GNP.
• B) counted in U.S. GNP but not GDP.
• C) counted in both U.S. GDP and GNP.
• D) not counted in either U.S. GDP or GNP.

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Definitions:

Location-sensing Capabilities

The ability of a device or system to determine its position in a physical space, often using GPS, Wi-Fi, or cellular data.

Mobile Devices

Electronic devices that are portable and support a wide range of communications, computing, and information services to users.

High Level

Pertaining to a broad overview or general summary that does not delve into detailed specifics, often used in discussions or plans.

Privacy

The state or condition of being free from unauthorized intrusion or disclosure of personal information.