Which of the following goods is directly counted in GDP?
A) the lettuce that Subway purchases for its sandwiches
B) the bread that Subway purchases for its sandwiches
C) a 12-inch Subway sandwich purchased by a student
D) the plastic bags that Subway purchases to wrap its sandwiches
E) the rent paid by the Subway franchise owner for their restaurant
Correct Answer:
Verified
Q3: In the first half of 2015, the
Q4: In the circular flow model, the value
Q5: In calculating gross domestic product, Statistics Canada
Q6: The nominal GDP of Canada in 2015
Q7: During a business cycle expansion, total production
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