Which of the following would be in GDP expenditure-based in the national income accounts for Canada? Select one: a. The interest payments made to bondholders of a Canadian corporation b. The government builds a new hospital c. A Canadian corporation retains part of its earnings Od. An annual salary of a high school teacher

Which of the following would be in GDP expenditure-based in the national income accounts for Canada? Select one: a. The interest payments made to bondholders of a Canadian corporation b. The government builds a new hospital c. A Canadian corporation retains part of its earnings Od. An annual salary of a high school teacher

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 9SQP

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Page 551 5. Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in bilions. Compensation of employees $194.2 U.S. exports of goods and services 17.8 Consumption of fixed capital 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Net private domestic investment 52.1 Transfer payments U.S. Imports of goods and services 13.9 16.5 Personal taxes 40.5 Net foreign factor income 2.2 Personal consumption expenditures 219.1 Statistical discrepancy
Which of the following would be in GDP expenditure-based in the national income accounts for Canada? Select one: a. The interest payments made to bondholders of a Canadian corporation b. The government builds a new hospital c.A Canadian corporation retains part of its earnings d. An annual salary of a high school teacher
Urgently need The income components of GDP include all of the following except? A. indirect taxes B. interest income C. employee compensation D. foreign income
A. The table below shows the national income of a country in 2012. Use the data to answer the questions that follow: ITEMS $ MILLIONS Personal Consumption Expenditure 640.00 Gross private Domestic Investment 180.00 Government Expenditure 220.00 Exports of goods and services 175.00 Imports of goods and services 202.00 Subsidies 48.00 Indirect business taxes 322.00 Consumption of fixed capital 115.00 Net property income from Abroad 80.00 i. Define Gross Domestic Product (GDP ii. Calculate the: a. Gross Domestic Product (GDP) b. Gross National Product (GNP)
Indicate whether each of the following actions or impacts would increase GDPa. An individual purchases bottled water to avoid a contaminated municipal water supply.b. An individual obtains her drinking water from a water fountain at her workplace to avoid a contaminated municipal water supplyc. A homeowner pays a lawn-care company for landscaping servicesd. A neighbor agrees to help a homeowner with landscaping work in exchange for assistance with plumbing worke. A paper company employs workers to plant treesf. An environmental organization provides volunteers to plant trees