Can these activities be considered part of GDP? Answer the followingstatements by indicating Yes or No.a. John sells fruits in the market in town.b. Two (2) were hurt in car accident and were treated in their localhospital.c. A garage buys spare tyres to sell to customers next year.d. If a Jamaican citizen works temporarily in St. Lucia.e. A Barbadian owns a firm in Haiti.
Can these activities be considered part of GDP? Answer the followingstatements by indicating Yes or No.a. John sells fruits in the market in town.b. Two (2) were hurt in car accident and were treated in their localhospital.c. A garage buys spare tyres to sell to customers next year.d. If a Jamaican citizen works temporarily in St. Lucia.e. A Barbadian owns a firm in Haiti.
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 2P: Which of the following are included in GDP calculations? a. Cleaning services performed by Molly...
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Question
Can these activities be considered part of GDP? Answer the following
statements by indicating Yes or No.
a. John sells fruits in the market in town.
b. Two (2) were hurt in car accident and were treated in their local
hospital.
c. A garage buys spare tyres to sell to customers next year.
d. If a Jamaican citizen works temporarily in St. Lucia.
e. A Barbadian owns a firm in Haiti.
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