Question
1. Why are used goods, financial assets and government assets not counted as GDP expenditures? 2. A few years ago BP experienced a well explosion
1. Why are used goods, financial assets and government assets not counted as GDP expenditures? 2. A few years ago BP experienced a well explosion in the Gulf of Mexico that that resultedin massive amounts of oil spewing into the Gulfand along some American states'coastlines.Describe the effects on the GDP of these states. 3.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?
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