Suppose a Canadian Firm Imports $1000 Worth of Bananas and Sells

question 4

Multiple Choice

Suppose a Canadian firm imports $1000 worth of bananas and sells them for $2000. The effect on Canadian GDP would be

• A)to increase the value of GDP by $2000.
• B)to increase the value of GDP by $3000.
• C)to increase the value of GDP by $1000.
• D)to decrease the value of GDP by $3000.
• E)no effect on GDP since the bananas were produced outside Canada.

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The time at which payment to a bondholder is due or the termination date of an investment contract.

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The cost of purchasing a share of a company on the stock market at any given time.

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A financial contract that gives the buyer the right, but not the obligation, to purchase an asset at a specified price within a designated time period.

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Describes stocks or securities that regularly distribute a portion of the issuing company's earnings to shareholders.