Q)A car manufacturer in Vancouver makes $8700 worth of cars this year, using $100 of engines produced this year in Toronto, $200 in car radios produced in Vietnam, and $100 in tires produced last year in Calgary. The car manufacturer sells $400 of these cars this year. As a result of these economic activities, Canadian GDP this year increases by $______

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Q: QUESTION 1 $90,000 worth of strawberries are sold to individuals who take them home to eat, $120,000…

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Q: QUESTION 2 Refer to the table (all figures in billions of dollars). The net dormestic product (NDP)…

A: Net domestic product (NDP) refers to the total value that subtract the depreciation from the value…

Q: ) National Income   b) Net investment    c) Personal Income

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Q: Which of the following should be included in the U.S. GDP for 2022? Explain how they will be handled…

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Q: Billions of Dollars Gross private domestic investment $2,200 Depreciation $1,887 Exports $2,820…

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A: 1. Gross Domestic Product (GDP)=C+I+G+X-M=5850+1200+1800+(750-1150)=$8450

Q: Consider each of the following items. Should it be counted as part of U.S. GDP? If so, in which…

A: GIVEN   Consider each of the following items. Should it be counted as part of U.S. GDP

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