Suppose a group of British investors finances the construction of a plant to manufacture skateboards in St.

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Suppose a group of British investors finances the construction of a plant to manufacture skateboards in St. Louis, Missouri. How will the construction of the plant affect GDP? Suppose the plant generates

$100,000 in corporate profits this year. Will these profits contribute to GDP? Why or why not?

*5. Why might even real GDP be a misleading index of changes in output between 1950 and 2008 in the United States?

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 25, 2024 05:00 AM

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Suppose a group of British investors finances the construction of a plant to manufacture skateboards in St.

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Macroeconomics Private And Public Choice

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