You live in Canada, and purchased a car manufactured in Japan this year from a dealer in Canada. The entire amount you spent on the car is - in Canada's GDP because: O a. not included; the amount going into the dealer's pocket should be excluded. O b. included; you live here. O c. included; it was sold here. O d. not included; the amount going to the Japanese manufacturer should be excluded. O e. included; the car dealer is Canadian.
You live in Canada, and purchased a car manufactured in Japan this year from a dealer in Canada. The entire amount you spent on the car is - in Canada's GDP because: O a. not included; the amount going into the dealer's pocket should be excluded. O b. included; you live here. O c. included; it was sold here. O d. not included; the amount going to the Japanese manufacturer should be excluded. O e. included; the car dealer is Canadian.
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 1P
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