If a Canadian construction company built a road in Kuwait,this activity would be
A) excluded from Canadian GNP.
B) fully included in Canadian GDP.
C) included in Canadian GNP only for that portion that was attributable to Canadian capital and labour.
D) included in Canadian GDP but not Canadian GNP.
Correct Answer:
Verified
Q31: The uses-of-saving identity shows that if the
Q32: If GDP in an economy is greater
Q33: The income-expenditure identity says that
A)Y = C
Q34: The government budget surplus equals
A)government purchases plus
Q35: Private disposable income equals
A)GNP - taxes +
Q37: In using the expenditure approach to GNP,consumption
Q38: Nations such as Egypt and Turkey have
Q39: In the expenditure approach to GDP,which of
Q40: Net national income is equal to
A)GDP minus
Q41: Measuring GDP in nominal terms
A)is the most
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