Select all events that contribute to increase the current year’s GDP in Canada? A household purchases lumbers produced during the current year to renovate his house. The government purchases meals in a restaurant for its ministers. A household purchases a newly built house. The government builds a new road. An individual gets a haircut. None of the above.
Select all events that contribute to increase the current year’s GDP in Canada? A household purchases lumbers produced during the current year to renovate his house. The government purchases meals in a restaurant for its ministers. A household purchases a newly built house. The government builds a new road. An individual gets a haircut. None of the above.
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 4SQP
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Select all events that contribute to increase the current year’s GDP in Canada?
- A household purchases lumbers produced during the current year to renovate his house.
- The government purchases meals in a restaurant for its ministers.
- A household purchases a newly built house.
- The government builds a new road.
- An individual gets a haircut.
- None of the above.
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