Amount Spent on Computer ImportsQuestion 3: In Year 3, how much more than Italy did Germany spend on computer imports?ABCDE650 million700 million750 million800 million850 million

In 2023 Hans, a German citizen, took a business trip to Hawaii and purchased software for his online trading business for $20,000. He also paid $300 to a local software engineer in Hawaii for a demonstration of how to use the software. Which of the following is correct for GDP in 2023? Group of answer choices German investment rose by $20,000. US exports rose by $20,300. German imports rose by $20,000. German investment rose by $20,000. German imports rose by $20,300. German investment rose by $20,300. German imports rose by $20,300. German investment rose by $20,000. German consumption rose by $300. German imports rose by $20,000. US exports rose by $20,300.

If a country produces the following goods and services in one year: 1,000 computers, each sold for $800; 500 cars, sold for $20,000 each; and $200,000 worth of medical services provided. Based on this information, what was the approximate GDP of this country that year?

Suppose Italian workers can produce 4 cars per year and German workers can produce 8 cars per year. Suppose Italian workers can produce 5 tons of garments per year and German workers can produce 6 tons of garments per year. Trade between Italy and Germany would lead to?Group of answer choicesEmployment gains in Italian car manufacturingExports of cars from Germany to ItalyLower relative price of cars in GermanyLower relative price of garments in Italy

Country X exports amount to EUR 8,300 million, while imports are EUR 14,032 million. This mens that the country has a trade ______________.*1 pointsurplusbalancedifferencedeficit

Assume that computers and oil are the only goods produced in an economy.In 2004, 40 computers and 10,000 litres of oil were produced. Computer prices in 2004 were $1500 while price of oil was $2 per litre.In 2005, computer production went up to 80 but its price fell to $500. Oil production increased to 12,000 litres and its price increased to $5 per litre.Using 2004 as the base year, the value of real GDP in 2005 is:Group of answer choices$120,000$180,000$144,000$150,000