Which of the following transactions is part of the Canadian GDP?
A)Mary Jane buys her husband dinner in Vancouver.
B)Ali sells back his textbook (which he purchased last year)to the bookstore.
C)Amanda buys a Chinese-made laptop from an online store in Taiwan.
D)Dave sells the stocks he purchased last month in the Toronto Stock Exchange market.

Question

Quizplus · Accepted Answer

This transaction involves a purchase of a good (dinner) in Canada, which contributes to the Canadian GDP.

Answer: B 
 This transaction does not involve the production of a new good or service, so it is not counted in the GDP.

Answer: C 
 This transaction involves the purchase of a good (the laptop) outside of Canada, so it is not counted in the Canadian GDP.

Answer: D 
 This transaction involves the purchase and sale of financial assets (stocks) and does not involve the production of a new good or service, so it is not counted in the GDP.

Which of the Following Transactions Is Part of the Canadian