For each of the following examples, state if you think it is included in the 2010 calculation for the Philippine GDP. A 1962 Camaro sold to a collector in February 2010. A tractor produced by local automobile company in May 2010 and sold to a farmer in September 2010. A cell phones produced in August 2010 in Shanghai China.
A. For each of the following examples, state if you think it is included in the 2010 calculation for the Philippine
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A 1962 Camaro sold to a collector in February 2010.
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A tractor produced by local automobile company in May 2010 and sold to a farmer in
September 2010.
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A cell phones produced in August 2010 in Shanghai China.
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A car produced in Philippines in 2010, but sold to a customer in January 2011.
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Nonmarket goods such as homemaking and child-rearing.
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The benefits of clean air and water.
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Estimated values of activity in the underground economy.
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Purchases and sales of goods produced in previous periods.
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Government pay its fiscal debt interest in 2010.
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The sale of a new car from a manufacturer’s inventory in 2010.
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Imported rice from Thailand.
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The purchase of a watch from a Swiss company in the Philippines.
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Mang Juan’s house constructed in 2009.
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A company invest in building a new plant in middle of the year 2010 and to be done at the end of the year.
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Judy sell her antique collection.
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Environmental destruction of mining operation in Antique.
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The sale of a used car.
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A newly constructed house.
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Road widening with a 6 months contract that started in January 2010.
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Government pay its debt interest in 2010.
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