Question

Which of the following are included in Canadian GDP calculations?

(a) cleaning services performed by a cleaning company

(b) washing your own car

(c) drugs sold illegally on a local street corner

(d) prescription drugs manufactured in Canada and sold at a local pharmacy

(e) a rug woven by hand in Turkey

(f) air pollution that diminishes the quality of the air you breathe

(g) toxic waste cleanup performed by a local company

(h) car parts manufactured in Canada for assembly of a car in Mexico

(i) a purchase of 1000 shares in a Canadian-owned high-tech company

(j) a monthly Canada Pension Plan payment received by a retiree

Answer 1

Ans. The following are included in the Canadian GDP calculations:-

a) cleaning services performed by a cleaning company.

d) prescription drugs manufactured in Canada and sold at a local pharmacy

g) toxic waste cleanup performed by a local company.

j) a purchase of 1000 shares in a Canadian owned high-tech company.