Which of the Following Examples Would Affect GDP,as Measured by Statistics

question 54

Multiple Choice

Which of the following examples would affect GDP,as measured by Statistics Canada?

• A)A computer manufacturer sells computers to a bank.
• B)Nick receives $45 000 from his company in compensation for losing his job.
• C)You sell a used car to a car dealer.
• D)The local water company takes 20 000 litres of water from a nearby river.

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Definitions:

Poverty Thresholds

The minimum level of income deemed necessary to achieve an adequate standard of living in a specific country or region.

Poverty Line

The lowest amount of money required to maintain a satisfactory quality of life in a particular country.

U.S. Bureau of the Census

A principal agency of the U.S. Federal Statistical System responsible for producing data about the American people and economy.

Family Size

The number of individuals in a household related by blood, marriage, or adoption.