A Wind Farm in Iowa Buys a Large Turbine Generator

question 156

Multiple Choice

A wind farm in Iowa buys a large turbine generator from a Swedish-owned factory located in Connecticut that uses workers who live in Connecticut.As a result,

• A) U.S.investment,GDP,and GNP all increase by the same amount.
• B) U.S.investment increases,but GDP and GNP are unaffected by the purchase.
• C) U.S.investment and GDP increase by the same amount,but U.S.GNP increases by a smaller amount.
• D) U.S.investment and GNP increase by the same amount,but U.S.GDP increases by a smaller amount.

Understand and calculate percentage changes and percentage differences.

Solve problems involving proportional relationships and unit price changes.

Identify and apply markups and markdowns in financial contexts.

Calculate original amounts before percentage increases or decreases.

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Definitions:

Contract Failure

A situation where the market fails to provide an efficient outcome, leading to a gap that nonprofits often aim to fill.

Open System

An organizational or systemic concept where continuous interaction with the environment is necessary for sustainability and growth.

Nonprofit Organization

An entity that operates for a purpose other than making a profit, often focusing on philanthropic, educational, or social missions.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business or organization.