Why are used goods, financial assets, and government assets not counted as GDP expenditures? A few years
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Question:
- Why are used goods, financial assets, and government assets not counted as GDP expenditures? A few years ago BP experienced a well explosion in the Gulf of Mexico that resulted in massive amounts of oil spewing into the Gulf and along some American state's coastline. Describe the effects on the GDP of these states. Visit Statscan's website at https://www150.statcan.gc.ca/n1/daily-quotidien/200529/t003a-eng.htm and compare the values of consumption, investment, government, and net export expenditures for the 1stquarter of 2020. Which of these four component makes up the largest part of GDP?
- Make your answers concise
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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