Which of the following items are not counted in Canadian GDP?
A) Your purchase of a new Ford Mustang
B) Your purchase of new tires for your old car
C) GM's purchase of tires for new cars
D) A foreign consumer's purchase of a new Ford Mustang
Correct Answer:
Verified
Q82: From 2002-2011, the dollar strengthened in value
Q83: If an economy has aggregate output of
Q86: The gross domestic product is the
A)the value
Q89: When in 1985 a British pound cost
Q91: To convert a nominal GDP to a
Q94: Everything else held constant, a decrease in
Q97: GDP measured with constant prices is referred
Q98: When prices are measured in terms of
Q101: If nominal GDP in 2013 is $10
Q109: The measure of the aggregate price level
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents