
Suppose that the Ford truck plant in Oakville,Ontario,produces $10 million worth of vehicles in a given year.Of this total amount,$1 million in profits are returned to the owners of the company in the U.S.The $1 million in profits
A) contributes to both Canadian GDP and Canadian GNP.
B) contributes to Canadian GNP, but not Canadian GDP.
C) contributes to Canadian GDP, but not Canadian GNP.
D) contributes to neither Canadian GDP, nor Canadian GNP.
E) contributes to the expenditure side of GDP only.
Correct Answer:
Verified
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A) because some
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A) construction expenditures, raw
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A) investment
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Q28: Investment spending is
A) a smaller share of
Q29: For the following question(s), suppose that an
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A) state and
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