Question

1. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of Canada is defined asOptions:

1)cost of producing/wholesale cost of/market value of

2)final goods and services produced/final goods and services consumed/final and intermediate goods and services produced

3)by Canadian citizens/by resources within Canada/by Canadian-owned companies

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Answer #1

Blanks-

1) market value of

2) final goods and services produced

3) by resources within the United States

Scenarios:-

a) Excluded

b) Excluded

c) Included

d) Excluded

e) Included

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