If Canada made cannabis illegal, then, other things the same, what would happen to GDP?
A) It would decrease.
B) It would increase.
C) It would not change because both legal and illegal production are included in GDP.
D) It does not change because cannabis is never included in GDP.
Correct Answer:
Verified
Q17: Which topics are studied in macroeconomics?
A) unemployment,
Q18: If GDP rises, what happens?
A) Income and
Q19: What is the relationship between income and
Q20: How should Dianne's contributions to GDP be
Q21: How does the value of total sales
Q23: How is a potato treated in GDP
Q24: How are intermediate goods accounted for when
Q25: How are grapes treated in GDP terms?
A)
Q26: Which nonmarket good or service is included
Q27: Sally used to prepare her own meals,
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