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

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