Statistics Solutions

[Solved] Do the following belong in GDP? If so, explain how they are counted. If not, explain why not. (Chapter 19) Toyotabuilds a new plant. Toyotasells

Question: Do the following belong in GDP? If so, explain how they are counted. If not, explain why not. (Chapter 19)

  1. Toyotabuilds a new plant.
  2. Toyotasells ¥500 million in new shares of stock to finance the new plant
  3. The Japanese government spends ¥1 billion to construct a new highway
  4. The Japanese government spends ¥1 billion in aid to unemployed workers
  5. Toyotasells a car this month (January) that it built last month (December)

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