Question #70459

Suppose a Canadian firm imports bananas of $1000 and sells them for $2000 the effect on gdp would be

Expert's answer

If a Canadian firm imports bananas of $1000 and sells them for $2000, then the GDP would increase by 2000 - 1000 = $1000.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS