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Examine the following list of goods and services. Which goods and services should be included in Freedonian GDP in 2009, which should be excluded, and why?

2,500 quarter-pounder hamburgers produced in 2009
100 tons of coal from the mines in the Freedonian mountains
2 Freedonian Drof automobiles, sold in 2009, produced in 2008
3 Freedonian Drof automobiles, sold in 2010, produced in 2009
3 American-built Fords produced in 2009 and sold in 2009
Welfare benefits for Freedonian citizens
625 pounds of beef used in hamburgers
Wages of hamburger employees

Microeconomics, Economics

  • Category:- Microeconomics
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