Select all events that contribute to increase the current year's GDP in Canada? 0 The government lowers taxes. The government increases transfers to households. The government pays back some of its debt. The government purchases books produced before the current year for the public schools. An apple producer sells apples to a pie producer. None of the above.
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- GDP is not a perfect measure of social welfare and the society's economic well-being because Group of answer choices it does not include all economic activities in the economy. it does not say anything about the distribution of income. All of the above GDP accounting rules do not adjust for production that causes negative externalities.Explain how a severe drought in a country whose main activity is agriculture can affect: The gross domestic product of that country The unemployment rate The price index of agricultural productsTrue or false?Part A. Government production accounts for about half of all GDP in the United States. Part B.Gross domestic product is the money value of all final goods and services produced in an economy in a year.
- The GDP of the U.S. in 2002 was around $10 trillion. This means Group of answer choices All of the above that total income in 2002 was around $10 trillion. that total spending in 2002 was around $10 trillion. that the value of output in 2002 was around $10 trillion.Select all events that contribute to increase the current year’s GDP in Canada? A household purchases lumbers produced during the current year to renovate his house. The government purchases meals in a restaurant for its ministers. A household purchases a newly built house. The government builds a new road. An individual gets a haircut. None of the above.Which of these is NOT part of GDP? Group of answer choices Consumer Spending Imports/Exports National Debt Reduction National Debt Reduction
- 2020 Q2 GDP (in 2020 Q3 Nigerian currency) 790,000 million 2020 Q2 GDP (in 2018 Nigerian currency) 835,000 million 2020 Q3 Consumption (in 2020 Q3 Nigerian currency) 369,000 million 2020 Q3 Central (Federal) Government Spending (in 2020 Q3 Nigerian currency) 111,000 million 2020 Q3 Local Government Spending (in 2020 Q3 Nigerian currency) 114,000 million 2020 Q3 Investment (in 2020 Q3 Nigerian currency) 223,000 million 2020 Q3 Exports (in 2020 Q3 Nigerian currency) 255,000 million 2020 Q3 Imports (in 2020 Q3 Nigerian currency) 277,000 million 2020 Q3 Consumption (in 2018 Nigerian currency) 357,000 million 2020 Q3 Central (Federal) Government Spending (in 2018 Nigerian currency) 106,000 million 2020 Q3 Local Government Spending (in 2018 Nigerian currency) 108,000 million 2020 Q3 Investment (in 2018 Nigerian currency) 211,000 million 2020 Q3 Exports (in 2018 Nigerian currency) 328,000 million…2020 Q2 GDP (in 2020 Q3 Nigerian currency) 790,000 million 2020 Q2 GDP (in 2018 Nigerian currency) 835,000 million 2020 Q3 Consumption (in 2020 Q3 Nigerian currency) 369,000 million 2020 Q3 Central (Federal) Government Spending (in 2020 Q3 Nigerian currency) 111,000 million 2020 Q3 Local Government Spending (in 2020 Q3 Nigerian currency) 114,000 million 2020 Q3 Investment (in 2020 Q3 Nigerian currency) 223,000 million 2020 Q3 Exports (in 2020 Q3 Nigerian currency) 255,000 million 2020 Q3 Imports (in 2020 Q3 Nigerian currency) 277,000 million 2020 Q3 Consumption (in 2018 Nigerian currency) 357,000 million 2020 Q3 Central (Federal) Government Spending (in 2018 Nigerian currency) 106,000 million 2020 Q3 Local Government Spending (in 2018 Nigerian currency) 108,000 million 2020 Q3 Investment (in 2018 Nigerian currency) 211,000 million 2020 Q3 Exports (in 2018 Nigerian currency) 328,000 million…2020 Q2 GDP (in 2020 Q3 Nigerian currency) 790,000 million 2020 Q2 GDP (in 2018 Nigerian currency) 835,000 million 2020 Q3 Consumption (in 2020 Q3 Nigerian currency) 369,000 million 2020 Q3 Central (Federal) Government Spending (in 2020 Q3 Nigerian currency) 111,000 million 2020 Q3 Local Government Spending (in 2020 Q3 Nigerian currency) 114,000 million 2020 Q3 Investment (in 2020 Q3 Nigerian currency) 223,000 million 2020 Q3 Exports (in 2020 Q3 Nigerian currency) 255,000 million 2020 Q3 Imports (in 2020 Q3 Nigerian currency) 277,000 million 2020 Q3 Consumption (in 2018 Nigerian currency) 357,000 million 2020 Q3 Central (Federal) Government Spending (in 2018 Nigerian currency) 106,000 million 2020 Q3 Local Government Spending (in 2018 Nigerian currency) 108,000 million 2020 Q3 Investment (in 2018 Nigerian currency) 211,000 million 2020 Q3 Exports (in 2018 Nigerian currency) 328,000 million 2020 Q3 Imports (in 2018 Nigerian currency) 260,000 million 2020 Q2 Population 5.37…
- 2020 Q2 GDP (in 2020 Q3 nigerian currency) 790,000 million 2020 Q2 GDP (in 2018 nigerian currency) 835,000 million 2020 Q3 Consumption (in 2020 Q3 nigerian currency) 369,000 million 2020 Q3 Central (Federal) Government Spending (in 2020 Q3 nigerian currency) 111,000 million 2020 Q3 Local Government Spending (in 2020 Q3 nigerian currency) 114,000 million 2020 Q3 Investment (in 2020 Q3 nigerian currency) 223,000 million 2020 Q3 Exports (in 2020 Q3 nigerian currency 255,000 million 2020 Q3 Imports (in 2020 Q3 nigerian currency 277,000 million 2020 Q3 Consumption (in 2018 nigerian currency) 357,000 million 2020 Q3 Central (Federal) Government Spending (in 2018 nigerian currency) 106,000 million 2020 Q3 Local Government Spending (in 2018 nigerian currency) 108,000 million 2020 Q3 Investment (in 2018 nigerian currency) 211,000 million 2020 Q3 Exports (in 2018 nigerian currency) 328,000 million…Select all events that contribute to increase the current year’s GDP in Canada? An apple producer sells apples to an household. The government purchases newly produced books for the public schools. A firm produces a kitchen table but cannot sell it during the current year. A household purchases a newly built house. A household purchases an old house using the service of a real estate agent. None of the above.The gross domestic product is:
