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National Income Accounting 37Using the following data [in millions S], determine GDP by the bolt expenditure and Income approaches. The answer arrived at by each
National Income Accounting 37Using the following data [in millions S], determine GDP by the bolt expenditure and Income approaches. The answer arrived at by each method should be Ihe same. 1-Which of the following are included in Canadian GDP? 0 Cleaning Servrces performed by a cleaning company Government current purchases of goods and services 360 - Washing your own car Indirect Taxes [less subsidies] 35 - Drugs sold illegally on a local street comer Employees compensation 210 0 Prescription drugs manufactured in Canada and sold at a local pharmacy Corporation Prots before taxes 52 - A rug woven by hand in Turkey Exports 10 0 Air pollution that diminishes the quality of the air you breath Mixed Income 21 - Toxic waste cleanup performed by a local company Gross Investment 100 - Car parts manufactured in Canada for assembly ofa car in Mexico \"NdiSt'ibUtEd \"WP\"rate 5'70\"\" 12 0 A purchase of 1000 shares in a Canadian owned higheTech company Depreciation (Capital consumption allowances} 32 - A monthly Canada pension plan payment received by retiree Net Invastment 68 - The commission received by a broker Imports 20 o The purchase of an antique table Households Consumption Expenditures 210 Net Income from Abroad D 24iiven the data for an imaginary country: Consumption expenditure 5 3150 Taxes S 100 Net income from Abroad $720 Transfer Payments 3 150 Depreciation S 60 Exports $ zoo Imports 5 210 Government spending 5 120 Net investment 5 90 W the GDP momma GNP
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