Which of the following would increase the consumption component of Canada's GDP?
A) You purchase a vacation in Niagara Falls,Canada.
B) A Canadian business purchases a vacation package in Niagara Falls,Canada as a reward for the firm's best salesperson.
C) A Canadian firm purchases tires from a firm in Ohio.
D) A French man purchases a vacation in Niagara Falls,Canada.
E) A Saudi business purchases a luxury aircraft made by Bombardier.
Correct Answer:
Verified
Q72: The four components of aggregate expenditures are
A)
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Q74: Consumption spending includes spending on
A) durables,nondurables,and services.
B)
Q75: An economy produces 500,000 tables valued at
Q76: An economy produces only 500,000 tables valued
Q78: Private-sector investment includes spending on
A) durables,nondurables,and services.
B)
Q79: Net export spending is expenditures on
A) consumer
Q80: An economy produces only 1,000,000 computers valued
Q81: Labour income includes
A) wages,salaries,and earnings of the
Q82: If business inventories equal $40 billion at
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