Classify each of the following as IN AFRICA's 2020 GDP or NOT IN AFRICA's 2020 GDP. Crude oil (used in the production of gasoline) produced in 2020: IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP Oil produced by an AFRICA company in AFRICA in 2020 (and sold to consumers): IN AFRICAs 2020 GDP NOT IN AFRICA 2020 GDP Oil produced by AFRICA-owned companies outside of AFRICA (and sold to consumers) in 2020: IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP
Classify each of the following as IN AFRICA's 2020 GDP or NOT IN AFRICA's 2020 GDP. Crude oil (used in the production of gasoline) produced in 2020: IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP Oil produced by an AFRICA company in AFRICA in 2020 (and sold to consumers): IN AFRICAs 2020 GDP NOT IN AFRICA 2020 GDP Oil produced by AFRICA-owned companies outside of AFRICA (and sold to consumers) in 2020: IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP
Chapter15: Gross Domestic Product
Section: Chapter Questions
Problem 10SQ
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- Classify each of the following as IN AFRICA's 2020
GDP or NOT IN AFRICA's 2020 GDP. - Crude oil (used in the production of gasoline) produced in 2020:
- IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP
- Oil produced by an AFRICA company in AFRICA in 2020 (and sold to consumers):
- IN AFRICAs 2020 GDP NOT IN AFRICA 2020 GDP
- Oil produced by AFRICA-owned companies outside of AFRICA (and sold to consumers) in 2020:
- IN AFRICA 2020 GDP NOT IN AFRICA 2020 GDP
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