Which of the following are included on deriving this year’s GDP? Explain your answer in each case. a) Rent received on…
Which of the following are included on deriving this year’s GDP? Explain your answer in each case. a) Rent received on a two bedroom apartment in downtown Toronto b) Interest received on Government bonds c) Mary a student at U of T receives a monthly allowance from home d) A $3 billion increase in business inventories e) The services of a Molly maid by Mrs. Jones
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