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 resulted in massive amounts of oil spewing into the Gulf and 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/200228/t002a-eng.htmand compare the values of consumption, investment, government and net export expenditures for the 4th quarter of 2019. Which of these four component makes up the largest part of GDP?
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Environmental And Natural Resource Economics
Authors: Thomas H Tietenberg, Lynne Lewis
10th Edition
1315523965, 9781315523965
