Question #2016064: Other Economics Problems

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)

Solution: The solution consists of 116 words (1 page)
Deliverables: Word Document

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