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what is GDP? 2. a. Define the term GDP. (2 marks) b. Use the words Yes or No to determine whether each of the following

what is GDP?
2. a. Define the term GDP. (2 marks) b. Use the words Yes or No to determine whether each of the following be included in the 2009 Jamaica GDP. Explain why each should be included or excluded in a calculation of GDP. SHOULD/ ITEMS SHOULD NOT WHY BE INCLUDED NIS benefits paid by the Jamaican government in 2009 Clothing made in Jamaica in 2009 but not used until 2010 Profits earned by Grace Kennedy in 2009 on investment in Trinidad Ground beef purchased and used by Burger King in 2009 Souvenirs purchased in Jamaica by a Canadian Tourist 10 MARKS

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