Hank, a British citizen, only works in Canada. How does the value added to production from his employment impact the GDP of both countries?
A) It raises both Canadian and British GDP.
B) It raises Canadian GDP and lowers British GDP.
C) It raises Canadian GDP and British GDP is unaffected.
D) It lowers Canadian GDP and raises British GDP.
Correct Answer:
Verified
Q47: Which of the following is included in
Q48: What is included in GDP?
A) the sale
Q49: Anna, a Canadian citizen who works in
Q50: Which of the following is counted in
Q51: How is gasoline treated in GDP terms?
A)
Q53: The local Land Rover dealership has an
Q54: A Canadian company owned by a Japanese
Q55: Which of the following is counted in
Q56: How are goods that go into inventory
Q57: Sophie, a Canadian citizen, works in the
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