7. A citizen of Mexico living in the United States produces consumer goods as an employee of a firm own?

Question

7. A citizen of Mexico living in the United States produces consumer goods as an employee of a firm owned by a Japanese citizen. The worker earns $2,000 per month producing products that sell for $10,000 on which the firm earns profit of $500. Every month this activity contributes:

A. $2,000 to Mexico's GDP, $500 to Japan's GDP and $10,000 to U.S. GDP

B. $2,000 to Mexico's GDP, $500 to Japan's GNP and $10,000 to U.S. GNP

C. $2,000 to Mexico's GNP, $500 to Japan's GNP and $10,000 to U.S. GNP

D. $2,000 to Mexico's GNP, $500 to Japan's GNP and $10,000 to U.S. GDP

Answer 1

That is very faulty math!

How can a person eat, sleep, travel and clothes oneself without a single penny.

The legal aliens (I am one of European origin) I know buy small houses, fix them up, have 2 cars and send their kids to catholic school. Mother and father work and pay taxes. They do send some money home for mama and papa!

When they shop for food and stuff they pay taxes. They need new fridges, TVs, furniture, washer/dryer because they didn't bring any from home. they pay rent/mortgage and insurance, just like you and me! They have kids and kids need a lot of stuff!

Around DC, Indians (from India) are working IT jobs with much better salaries than a factory worker, the guys who cat grass or flip burgers. Koreans cornered the dry cleaning and restaurant business, Africans get all the sales jobs....

I don't want to cut grass, bring my garbage to the dump (I don't eat burgers..., clean my own hotel room, sweep floors in offices, paint houses etc....

Why don't you pick on another nationality for a change!

Answer 2

D. $2,000 to Mexico's GNP, $500 to Japan's GNP and $10,000 to U.S. GDP

Answer 3

B