Related to the Economics in Practice on P

question 50

Multiple Choice

Related to the Economics in Practice on p. 427: If a Harley Davidson dealer in Chicago sells a newly manufactured Harley motorcycle on eBay to a customer in Tokyo, Japan, the value of the motorcycle is

• A) counted in U.S. GDP.
• B) counted in Japanese GDP.
• C) counted in U.S. GDP and Japanese GNP.
• D) not counted in U.S. GDP because it was sold to a foreign customer.

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Definitions:

Taper Pins

Cylindrical metal fasteners that have a slight cone shape, allowing them to securely fit into tapered holes for alignment purposes.

Clevis Pins

Clevis pins are a type of fastener commonly used in mechanical linkages, allowing for rotation or movement of the connected parts while maintaining alignment.

Quick Release Fasteners

Mechanisms designed to fasten components together securely while also allowing for rapid removal or disassembly without requiring tools.

Semi-Permanent

Describes a connection or assembly that is designed to be disassembled and reassembled, but not intended for frequent changes.