Which one of the following would not be counted as part of this year's GDP?
A) the lumber you purchase when building bookshelves for your room
B) the government bond you buy for your newborn niece
C) the purchase of a new personal computer that was produced in the current year
D) the purchase of wheat that was produced in the current year by a Saskatchewan farmer
E) the purchase of a house that was produced in the current year
Correct Answer:
Verified
Q24: Use the figure below to answer the
Q25: The value of intermediate goods is not
Q26: Use the information below to answer the
Q27: Intermediate goods are
A)sold to their ultimate user.
B)produced
Q28: Use the figure below to answer the
Q30: Which of the following increases Canadian GDP?
A)I
Q31: Capital in year 2015 equals capital in
Q32: Use the information below to answer the
Q33: Use the figure below to answer the
Q34: In calculating GDP, all of the following
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