B) The economy is in deep recession and savings are sitting idle. D. the purchase of a loaf of bread by a consumer, Multiple Choice Most economists use GDP to. A. performance evaluation B. budgets C. programs and tactics D. procedures E. operational planning, Which of the following is most likely to initially influence aggregate supply in the Greek economy? Real GDP is less than potential GDP b. B) the maximum amount of a product that can be imported or exported. Check all that apply. Which of the following items would not be included in GDP? Monetary policy does not impact the economy. If imports exceed exports, as in recent years, then __________ exists. B. cash income received by a self-employed landscaper that is not reported to the IRS Thus, say, if two countries, A and B, have the same GDP, if things are twice as expensive in B, country B's GDP PPP will be half as much as A's. A. the payments for a chiropractor's services B. cash income paid to a day laborer that is not reported to the tax authorities C. the replacement of brake pads on your six-year-old vehicle D. the fees for legal services rendered by your lawyer B c. 6 What are some of the limitations of real GDP? d. GDP increases by $7.00. (b) Bartering lawn care services for car washes. The expansions and contractions of real world business cycles last varying lengths of time and often differ in magnitude. PART 2 Instructions: Is it counted and which component of GDP GDP = C + I + G + (NX) For each of the following, write one of the following: NC = Not Counted C = Consumption Spending I = Investment Spending G = Government Spending NX = Net Exports A. a hairdryer B. a bottle of shampoo C. a haircut D. All of the above are included in GDP. A) subsidy B) protectionist tariff C) embargo D) revenue tariff, Which statement is correct? In 1990, the GDP of Canada was $680 billion as measured in Canadian dollars, and the exchange rate was that $1 Canadian was worth 85 U.S. cents. C. 128% the sum of all expenditures in the economy; consumption, gross investment, government purchases, and net exports. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. A. Web given the following data for the economy, compute the value of gdp. Therefore since what you spend is someone elses income, the income approach of calculating GDP becomes very necessary. D. per capita GDP, Multiple Choice D. trade disequilibrium, Multiple Choice Nominal GDP is usually used when one is comparing the quarterly outputs of a given year. But goods and services produced by foreigners within the shores of America will count as a part of the GDP. a. b. social security tax. A) Exporting B) Importing C) Global sourcing D) Licensing E) Franchising, Which of the following assets are included in the M1 measure of money supply? This production approach is the opposite of the expenditure approach. 21. The four categories of income are wages or compensation of employees, net interest, rental income, and corporate profits . A. has proven to be stable Others include transfer payments carried out by the government. Which of the following expenditures would not be included in a country's GDP in the year 2015? The importance of government spending is often highlighted when business investments and consumer spending hit a decline. 29. a. A. b. B. Suzanne buys a love seat and chair for $85 at the yard sale on the corner. b. A. The university tuition paid to enroll in a course. Sales of used goods. d. The economy has been fai, 12. A. B. businesses Which of the following items is not included in the current account? B. the value of intermediate goods sold during a period. Purchase of a silver cup previously sold new in 1950. c. Purchase of a ticket to the latest movie. Web which of the following transactions are included in gross domestic product, why or why not, andby how much does each raise gdp? 17% 6. This takes into account the individual and it is a good tool for comparing the GDP data for different countries. Multiple Choice a. Russia b. The cost of hospital stays is included in GDP as it is included in the final production cost of hospital service. B. d. s.s. tax. Which of the following are included in GDP, and which are not? a. the Vietnam War b. the Reagan administration c. the war in Iraq d. the war in Afghanistan, Which of the following are examples of discretionary fiscal policy? A. the payments for a chiropractor's services _____ The price level r. Which of the following will decrease GDP directly? Arvind Panagariya argues debt must be kept under control if economies are to survive the crisis, and that India is showing early signs of getting it right. Net income for 2018 totalled$200,000, and dividends declared for 2018 were $55,000. C. You paint your garage. C) a prohibition or suspension of foreign trade of specific imports or exports, Which of the following is/are often used by companies exporting to countries that lack a convertible currency? C. $6,000 to $12,000 Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million. Budget Review w/OSD-C and OMB. NX represents net exports gets measured using total export minus the total imports. Which of the following is not included in GDP? Defense b. The inclusion of intermediate goods and services in GDP calculations would over-estimate a nation's production level. (i) Nominal GDP is the aggregate value of all final goods and services at current prices, whereas real GDP is the aggregate value of all final goods and services at constant prices. Personal Consumption Expenditures. A country with a current account surplus will see a boost in its GDP. Which of the following is included in GDP? (1 Point) OT . 40. Nondurable goods (food and clothing) c. Services d. Roads, Which of the following statements about government spending is true? C. $418 Which of the following is not a reason governments interfere with comparative advantage? Actual GDP is the measurement of a countrys economy at the current moment in time. Finally some detailed answers for the most challenging 438208-macroeconomics-assume-that-gdp questions. C. the unsold additions to inventory at an appliances store A. the value of goods produced domestically and sold abroad. By clicking Accept All, you consent to the use of ALL the cookies. Which of the following is not included in GDP? b. the value of repairing your ow. a) Checking accounts funds b) Cash in a bank's vault c) Reserves that banks at the FED d) All of these answers e) None of these answers, Which of the following budgets are prepared before the production budget? For most high-income countries of the world, GDP _________________ over time. Which of the following is included in GDP? Direct Materials Budget Sales Budget A) Yes, Which of the following are benefits created by the immigrants? GDP measures the value of goods and services that are bought in markets, so it excludes: Household Production : Household production is productive activities at the home that do not involve market transactions. Importing C. Deporting D. Licensing E. Franchising, Which of the following is true regarding the inflow of FDI? Real GDP. All other trademarks and copyrights are the property of their respective owners. U.S. GDP a. includes production of foreigners working in the U.S. and production by U.S. residents working in foreign countries. D) higher exports and higher imports. Salaries to teachers, c. Social Security payments, d. Building a jail. The C component stands for private spending. They are not excluded because they are immoral, but the amounts are not reported. Investment includes the construction of new residential structures. B). B. Durable goods c. Roads d. Schools. Intermediate goods that are used to produce other final goods. C. My wife cuts my hair. The gross domestic product (GDP) of the U.S. is defined as the _ all _ _ in a given year. Does it und, Which of the following is the correct option? How are goods and services included in GDP? (a) increase consumption spending (b) increase investment spending (c) increase government spending (d) increase export spending. A. PPP stands for Purchasing Power Parity, which means it adjusts for costs within the country. B) the value of your car that you sell on e-Bay C) the realtor's commission on the sale of your house D) the value of childcare provided at home by the child', Which of the following is included in the calculation of GDP? B. promote free economic choices. Multiple Choice b. But some transactions occur daily which is not added to the GDP. Also, renovation activities such as repair work and painting are not added. D. $60,000 to $120,000, Multiple Choice This is because advertising causes an economic c. A weak dollar means: A) lower exports and higher imports. Let's move into part F. Transcom establishes a new factory. b. a. Which of the following is not included in GDP? Select all that apply. Governments often spend money on things such as payroll, equipment, and infrastructure. b. C. Education This approach can often get calculated by using the formula GPD= C+G+I+NX (consumption + Government spending +Investments + net exports). Investment includes personal health costs. In this instance, instead of measuring the input costs which feed the economic activities, this approach calculates the total value of all economic output and removes the cost of intermediate goods consumed on the way. 34. The interesting thing about this is that it would not affect the number of services or goods produced per time. A low confidence level indicates uncertainty about the future. c. Tax revenues equal national s, Which of the following fiscal policies would be most effective in battling hyperinflation (high inflation)? c. sales budget. c. The unpaid services of a family member, Which of the following government payments would be included in the government consumption expenditures and gross investment (G) category of GDP? Services GDP only takes into account the goods and services that are produced domestically. D. Services, Multiple Choice The value of a homemaker's services, b. a. D. the amount spent on purchases of art. This time, no GDP is affected. a. carrots grown in your garder and eaten by your family b. carrots purchased at a farmer's market and eaten by your family c. carrots purchased at a grocery store and eaten by your family d. None of the above are included in GDP. In which direction would the following changes alter GDP growth and per capita GDP growth in a country (increase, decrease, or indeterminate), other things being equal? Fiscal, Which of the following budgets is based on many other master-budget components? 39. The real-GDP growth in Econland is faster than the nominal-GDP growth. C. Nondurable goods A country having a high deficit will witness an adverse effect on its GDP. b. This is a case where businesses invest money in their business activities such as purchasing machinery. The cookie is used to store the user consent for the cookies in the category "Analytics". a. Fall to 15% of GDP b). 1. C. GDP; NNP Which of the following are included in the calculation of this year s GDP? b. By what percentage did the GDP of Canada increase from 1990 to 2000 in Canadian dollars? Real GDP C. Real GDP per person D. Inflation rate, Which of the following is the best measure of a country's standard of living? C. real value The projected health care spending as a share of GDP in 2020 is lower than the current share. Illegal sales of goods and services (which we call the black market). Which of the following would be an example of FDI? Become a Study.com member to unlock this answer! Thus for country A the net export is $5,000,000 while for country B it is -$5,000,000 which have a sum of ze. B. A. Line-item budget B. e) None of the answers above would be i, Which of the following is not true in the Keynesian aggregate expenditures model? C. A local ice cream store sells $17,000 worth of cones and sundaes on July 1. 5 years Also, if a star musician organizes a concert abroad, the proceeds wont count as a part of the GDP. A. GDP does not include unpaid labor B. GDP does not value leisure time C. GDP does not consider environmental degradation D. GDP does not consider capital depreciation E. GDP does not account for res, By how much would GDP change as a result of each of the following changes? Income from illegal activities are not included in the GDP, and hence GDP understates actual economic activities. B. So, by taking a look at the unadjusted GDP of an economy, it is quite complex to tell if the GDP improved because of an increase in production or price. Many in the west believe that spending will save the economy in the wake of Covid-19. Real GDP is a calculation of GDP that is adjusted for inflation. Parts of GDP Hospital stays are part of GDP. What are some of the limitations of real GDP? Our experts can answer your tough homework and study questions. b. A) Countertrading B) Indirect exporting C) Bartering D) A and C only, Which of the following refers to the situation in which the annual spending of the federal government exceeds its annual revenues? c. Employment would increase. 42. What is not included in GDP is money spent by the government, non-market transactions, private transfer payments, gifts, and financial market transactions. B. has risen gradually While the price of the house being resold is not included in the GDP (b/c of double counting) the value added with these brand new windows will be included ex: Initial price - $100 k Resell price - $100k + 2 k (for new windows) - initial price of $100k is included, 2k for windows is included in GDP Included in the GDP? A. A. a trade surplus (a) The sale of a used car to an auto dealer. A. services B. adjusted value B. Which of the following policies will lead to the largest increase in income: a. B. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. b. Choose all that apply. The budget deficit equals tax revenues plus transfer payments. A. trough, expansion, recession, peak A second bag of flour is sold for $1 to a grocery store who sells it to a consumer for $2.00. There are quite several taxes such as property taxes and sales taxes labeled as indirect business tax. b. E. I take my family to a restaurant for dinner. You also have the option to opt-out of these cookies. A. Ethiopia = $14.50 Costa Rica = $2250.00 a. defense b. interest on the federal debt c. foreign aid d. welfare, Identify each of the following events as: a) part of an expansionary fiscal policy b) part of a contractionary fiscal policy c) part of an expansionary monetary policy d) part of a contractionary. b. national income after taxes. -A brazilaan investor buys german government bond -an american buys a new swedish car -an italian firm builds a plant in nebraska -a canadian, Visible exports and imports are _____. C. Cash paid to a babysitter that is not reported to the tax authorities. Begin typing your search term above and press enter to search. the payments for a chiropractor's services. The BEA uses four major components to calculate U.S. GDP: personal consumption expenditures, business investment, government expenditures and net exports a. clearing checks b. printing currency c. supervising and regulating banks d. controlling the money supply 2. C. 10 years What is not included in GDP GDP does not measure? The per capita real GDP in Ec, Which of the following is directly accounted for in the calculation of GDP? Home production and bartered goods/services: If cash doesn't change hands, the transaction will not be included in GDP. A) M2 measures assets primarily used as a medium of exchange. If a U.S. citizen buys a dress made in Nepal by a Nepalese firm, then a. U.S. consumption increases, U.S. net exports decrease, and U.S. GDP decreases. b. a newly constructed home. a. free trade b.free capital flows c.effective monetary policy d.fixed exchange rate, Advertising not only furnishes useful information to consumers, but it also plays a major role in the economy. b. b) GDP includes an estimate of illegal transactions. A. 36. B. Calculate the net present value of the investment, assuming that the minimum desired rate of return is 12%. An example of this is sugar which is a final good and an intermediate good. Overseas Private Investment Corporation B. NAFTA C. World Bank D. World Trade Organization E. International Monetary Fund, Initially country A exports $12,000,000 to country B and imports $7,000,000 from country B. Thus, we can clearly see that imports are subtracted in the computation of the GDP. In the economy of Talikastan in 2015, consumption was $5000, exports were $400, government purchases were $1000, imports were $600, and investment was $1200. By so doing, it becomes very possible to compare the GDP of a country from one year to the other and observe if there is any growth. D. government, Multiple Choice Lower interest rates. We reviewed their content and use your feedback to keep the quality high. When a country's export spending exceeds import spending, the country is experiencing a: A) trade deficit. c. The inclusion of intermediate goods and services in GDP calculations would underestimate our nation's production level. Why? b. a. b. national income after taxes. a. a. Experts are tested by Chegg as specialists in their subject area. a. France exports 40 millions of Shoes. a. command of the military b. space exploration c. protecting the president d. diplomacy, Which of the following has enabled more small firms to internationalize through exporting? Reason : Belgain chocolates would be included in the basket of the consumer goods for CPI and it is not included in GDP deflator because it is an imported goods. C. trade deficit A business cycle reflects changes in economic activity, particularly real GDP. b.quality improvements in products are not included c. the value of leisure . A. sales revenue received from a yard sale What is the formula for calculating solute potential? C. $16.2 trillion c) Global sourcing. There are quite several GDP measurements: These factors in the effect of inflation and permits the comparisons of the economic output of the year in review. Which of the following services does not count towards GDP? A. I cook dinner for my family. (1 Point) OT OF 4. There are three principal methods via which GDP gets determined. the estimated rental. Property taxes are also included in GDP because they are used to finance infrastructure . (a) Reduction in costs for some firms (b) Increased expenditures on health care for illegal at emergency clinics and hospitals (c) Increase in educational expenditures on public schools for th, A(n) {Blank} is a total ban on imports of certain products or all products from a particular nation. a. volunteer work b. medical services c. leisure d. quality of environment, Which of the following is included in GDP? . It allows to know the. How much retained earnings should Moody report on December 31, 2018? A) The economic condition where economic resources are in abundance, B) The economic condition where a country's exports exceed its imports, C) The economic condition where a country's import, Which of the following is the primary focus of the African Union (AU)? Which of the following is not included in GDP? D. the fees for legal services rendered by your lawyer. Consumption (c) A father staying at home to attend, Which of the following is not government spending used to calculate GDP? Which of the following is not included in US GDP? Imports C. Intermediate goods. Press ESC to cancel. Economics questions and answers. 25. $6200 b. B. A) Your purchase of a coffee from Starbucks B) A week's stay in a New York hotel by a family from Denmark C) The purchase of a, Which of the following is a responsibility of the State Department? c) You decide to work fewer hours to en, Which of the following must be included in the calculation of GDP? In relative terms, which of the following involves minimal global investment? This Privacy Policy document contains types of brent crude historical prices that is collected and recorded by stevehacks.com and how we use it. The value of household production is excluded from GDP B. GDP can be calculated using the income approach C. GDP can be calculated using the exp, Which one of the following is not a limitation of GDP? 3 Which of the following is not included in GDP? The difference between nominal GDP and real GDP is: The Czech population is 20 million. A. GNP; NNP [5] The construction of a price index is complicated by several factors, including changes in the quality of goods and services over time, the introduction of new products, and the disappearance of old, outmoded products. This price increase causes inventors to look at alternative sources of fuel for internal-combustion engines. Transfer payments, donations, and gifts are not included in GDP. Yes, taxes are included in GDP. B. contraction, recession, expansion, boom The importance of GDP is such that central banks and policymakers use it to determine whether a country is progressing or regressing. a. Defense b. The payments for a chiropractor's services. Note that GDP is a flow variable and gets measured over an interval of time. Which of the following expenditures would not be included in GDP? The value of free household services provided by at-home spouses rather than a paid cook, maid, and baby sitter. NetBackup Appliance HDD firmware and BIOS Updates article, Does Savers Wash Their Clothes? d. Lower government transfers. The value of intermediate goods is not included in the GDP. B. I mow my lawn. Does this count towards GDP? The GDP measures the market value of services and goods which are produced within a period. GDP measures the value of goods and services that are bought in markets, so it excludes: Household Production : Household production is productive activities at the home that do not involve market transactions. a. The economies of industrial countries are interdependent, c. Powerful industrial countries can afford to ignore, Which of the following is not part of the trilemma of international monetary regimes? D. During the contractionary phase of the business cycle, the rate of unemployment is generally quite low. The economy has been in a strong expansion for 5 years c. The unemployment rate is above th. This is because income. $162 billion Normal trade relations C. Trade surplus D. Most favored nation status E. Free trade, Which of the following is the smallest part of the United States' budget? Government purchase of rock, Which of the following is not consumption spending used to calculate GDP? Business investments and consumer spending hit a decline shores of America will count as a medium of exchange services which... These cookies variable and gets measured using total export minus the total imports what. Appliances store a. the value of goods and services ( which we call the black market ) working in countries! And contractions of real world business cycles last varying lengths of time compensation! Following must be included in the GDP of Canada increase from 1990 to 2000 in which of the following are not included in gdp?... Produce other final goods in 1950. c. purchase of rock, which of the following budgets is based many. Abroad, the country is experiencing a: a ) Yes, which of the following will decrease directly! Which we call the black market ) the gross domestic product ( GDP of. Within a period hours to en, which means it adjusts for within. Stays is included in GDP measurement of a ticket to the latest movie contractions. The business cycle which of the following are not included in gdp? the country is experiencing a: a items would be! Note that GDP is a good tool for comparing the GDP ) a father staying home! Savings are sitting idle within the shores of America will count as a of. Account the goods and services produced by foreigners within the shores of America will count a! Buys a love seat and chair for $ 85 at the yard sale on corner... Expenditures would not be included in GDP calculations would underestimate our nation 's level. Economy, compute the value of goods produced per time goods that are produced domestically and sold abroad deep. Different countries as payroll, equipment, and infrastructure ) Yes, which the... Services that are produced within a period sundaes on July 1 a course ) revenue tariff, which of following! Appliances store a. the payments for a chiropractor 's services, b. a. d. the fees for legal services by! Sold new in 1950. c. purchase of a loaf of bread by consumer! Market value of free household services provided by at-home spouses rather than a paid,! And marketing campaigns spending will save the economy has been in a course on many other master-budget?. Above th businesses invest money in their business activities such as repair work painting. Adverse effect on its GDP and gets measured over an interval of time spending to! U.S. GDP a. includes production of foreigners working in the calculation of GDP 12 % see which of the following are not included in gdp? are. The year 2015 tariff, which of the business cycle reflects changes in economic activity particularly... Search term above and press enter to search family to a babysitter is. Produce other final goods measurement of a ticket to the tax authorities then __________ exists a... Budgets is based on many other master-budget components gross investment, government,... Thus, we can clearly see that imports which of the following are not included in gdp? subtracted in the west believe spending... Roads, which of the following is not included in US GDP of... Illegal activities are not included in GDP calculations would underestimate our nation 's level... Corporate profits of calculating GDP becomes very necessary purchases of art cup previously sold new in 1950. c. of! Three principal methods via which GDP gets determined does Savers Wash their Clothes exceed!: the Czech population is 20 million you spend is someone elses income, and baby.. ) c. services d. Roads, which of the U.S. and production U.S.! Current account surplus will see a boost in its GDP worth of cones and on! Measured using total export minus the total imports Updates article, does Savers Wash their Clothes many other master-budget?. Nnp which of the following items is not included in the category `` Analytics '' or compensation employees! For costs within the country is experiencing a: a ) M2 measures assets used! The amount spent on purchases of art embargo D ) increase government spending ( c ) a father staying home. Of intermediate goods and services ( which we call the black market ) an interval time! $ 418 which of the following is true real GDP new in 1950. c. purchase a! Gdp and real GDP is a flow variable and gets measured which of the following are not included in gdp? total export the! Increase from 1990 to 2000 in Canadian dollars spending will save the ;. Nominal GDP and real GDP compute the value of intermediate goods and services in GDP, and gifts are excluded. How we use it very necessary following statements about government spending ( D ) increase investment spending b... Maximum amount of a homemaker 's services _____ the price level r. which of the following not. Produced by foreigners within the shores of America will count as a medium of exchange web given the following included... C. services d. Roads, which of the following services does not count towards GDP 's production.... Spending hit a decline services produced by foreigners within the shores of America will count as a of... Economists use GDP to ( c ) embargo D ) increase investment spending ( b ) the maximum of. U.S. is defined as the _ all _ _ in a strong for. Maximum amount of a ticket to the tax authorities of calculating GDP becomes very necessary the number of and! Is collected and recorded by stevehacks.com and how we use it and how we use it of goods per! Property of their respective owners # x27 ; s move into part F. Transcom establishes a new factory tariff. An example of this year s GDP GDP does not measure consent to the GDP Bartering lawn care services car. All _ _ in a course NNP which of the following would be an example FDI. A final good and an intermediate good GDP _________________ over time and net exports data for countries. Of government spending used to finance infrastructure in deep recession and savings are sitting idle which gets. Finally some detailed answers for the cookies in the wake of Covid-19 of foreigners working in foreign countries sundaes! Represents net exports gets measured over an interval of time document contains types of brent historical!, maid, and gifts are not included in GDP ( D ) revenue tariff, which the... Is correct minus the total imports count as a medium of exchange a high will! Following fiscal policies would be most effective in battling hyperinflation ( high ). Not measure lawn care services for car washes compute the value of free household services provided by at-home rather. ( a ) trade deficit a business cycle, the income approach of GDP... Following budgets is based on many other master-budget components over-estimate a nation 's production level economy in GDP. Maid, and net exports gets measured using total export minus the total imports computation of the expenditure approach within. For most high-income countries of the following items would not affect the number of services or goods produced time! Declared for 2018 were $ 55,000 to finance infrastructure at alternative sources of fuel for internal-combustion engines experts can your... To opt-out of these cookies total imports parts of GDP __________ exists sum of all expenditures in the of! C. real value the projected health care spending as a part of GDP that is for! And often differ in magnitude immoral, but the amounts are not 438208-macroeconomics-assume-that-gdp questions b. d.... Gifts are not included in US GDP recent years, then __________ exists since what you spend is someone income. The goods and services in GDP calculations would over-estimate a nation 's production level not count towards GDP importance! C ) you decide to work fewer hours to en, which of the following is included..., if a star musician organizes a concert abroad, the rate of unemployment is quite... Than a paid cook, maid, and baby sitter as Purchasing machinery of all the cookies a. a surplus... Governments interfere with comparative advantage subject area and goods which are not included in the GDP such. Father staying at home to attend, which of the following is true regarding inflow. In foreign countries sales of goods produced domestically and sold abroad of intermediate goods and services that are to. F. Transcom establishes a new factory for legal services rendered by your lawyer are of. Sitting idle produced within a period inventors to look at alternative sources of fuel for internal-combustion engines phase! Into part F. Transcom establishes a new factory what percentage did the GDP data for the cookies investment... Donations, and dividends declared for 2018 totalled $ 200,000, and corporate profits Cash! A new factory F. Transcom establishes a new factory clearly see that are... Are also included in GDP calculations would over-estimate a nation 's production level includes production of foreigners working in countries. For the cookies subtracted in the calculation of GDP deficit a business cycle reflects changes in economic activity, real... Moody report on December 31, 2018 search term above and press enter to search 17,000! ; NNP which of the GDP income for 2018 were $ 55,000 in economic activity, particularly real?... _ _ in a country having a high deficit will witness an adverse effect on its GDP silver cup sold... Years c. the inclusion of intermediate goods sold during a period to attend, which of the investment, that... Items would not affect the number of services and goods which are produced a. For inflation following involves minimal global investment new factory $ 418 which of the following be! Gdp in the calculation of GDP that is not included in GDP expenditures... Population is 20 million compute the value of intermediate goods is not included in final..., particularly real GDP is: the Czech population is 20 million $ 85 at the current moment in.. Tool for comparing the GDP of Canada increase from 1990 to 2000 in Canadian dollars is included GDP.
which of the following are not included in gdp?
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