Prime Minister Trudeau legalized marjuana. The marljuana industry is a 11Bion-dollar industry in British Columbla. Was this recorded in GDP before it was legalized If so why? Is it now recorded in GDP. and if so why? Is the GDP the same. less are larger now that marijuana has been added iceteris paribus?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 13RQ: Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what...
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Piime Minister Trudeau legalized marijuana. The marijuana industry is a 11 Bilion dollar industry in British Columbia. Was this recorded in GDP before it was legalzed,
If so why? Is it now recorded in GDP, and if so why? is the GDP the same, less are larger now that marijuana has been added (ceteris paribus?
Shon Answer
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Transcribed Image Text:Piime Minister Trudeau legalized marijuana. The marijuana industry is a 11 Bilion dollar industry in British Columbia. Was this recorded in GDP before it was legalzed, If so why? Is it now recorded in GDP, and if so why? is the GDP the same, less are larger now that marijuana has been added (ceteris paribus? Shon Answer Roolanegaton !!
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