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5 A new Dreamliner 787 is produced and sold by Boeing to Qantas to be used by the airline to produce freight and passenger services

5 A new Dreamliner 787 is produced and sold by Boeing to Qantas to be used by the airline to produce freight and passenger services to its customers. Is the aeroplane a final good, to be included in GDP, or is it an intermediate good not to be included explicitly in GDP? Should only the freight and passenger services Qantas provides to its customers using the Dreamliner be included in GDP? Otherwise isn't this an example of double counting?

10 Suppose a country's nominal GDP increases from $1650 billion in 2017 to $1710 billion in 2018. Suppose also that, using 2014 as the reference year, real GDP in 2017 was $1600 billion, and in 2018 it was $1630 billion. What would you say was the country's economic growth from 2017 to 2018?

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