Solution) Do the following belong in GDP? If so, explain how they are counted. If not, explain why not. (Chapt
Question: Do the following belong in GDP? If so, explain how they are counted. If not, explain why not. (Chapter 19)
a) Toyota builds a new plant.
b) Toyota sells ¥500 million in new shares of stock to finance the new plant
c) The Japanese government spends ¥1 billion to construct a new highway
d) The Japanese government spends ¥1 billion in aid to unemployed workers
e) Toyota sells a car this month (January) that it built last month (December)
Price: $2.99
Answer: The solution file consists of 1 page
Deliverables: Word Document
Deliverables: Word Document