Answer to Question #112542 in Macroeconomics for Mimo

Question

The economy of Lebanon, exhibits the following information.
Which of the following should be included in 2015 GDP? In case it shouldn’t, then explain the
reason.
a. $2000 earned by Lebanese Lawyers in Lebanon 2014.
b. $1000 earned by Egyptian workers in Lebanon in 2015.
c. $5000 earned by Lebanese firm opens a production facility in Bekaa in 2015.
d. $1500 worth of paper all used in Books production during 2015 in Lebanon.
e. 10 kilos of tomatoes a household has harvested from his garden in 2015.
f. $10,000 government unemployed benefits transferred to those who are unemployed in
2015.

Answer 1

a,b,c