A United States-based faculty member goes on sabbatical and works in Finland for a government-run university teaching classes for its International MBA program. The faculty member returns to the U. S. with a paycheck for $50,000 and spends $38,000 of it on a German manufactured car from a dealership in Miami, Florida. Using the classic expenditure model, how much does the GDP increase in each country?
A) $38,000
B) $50,000
C) $0
Answers: 3
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A United States-based faculty member goes on sabbatical and works in Finland for a government-run un...
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