Explain Which of the Following Goods and Services Are Included

question 70

Essay

Explain which of the following goods and services are included and which are not included in Canada's GDP:
a. Jacinda buys termite spray at her local Home Depot.
b. Jacinda uses the termite spray she purchased at her local Home Depot to treat her house for termites.
c. Arturo hires a pest control company to treat his house for termites.
d. Jeannine sells her 1969 Pontiac GTO to a local car museum.
e. Simon purchases a new John Deere tractor to use on his farm.
f. Ravi purchases two round-trip airline tickets between Toronto and Montreal.

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Definitions:

23-Gauze Needle

A medical needle of a specific gauge used for injections and withdrawing fluids; the number 23 indicates the diameter of the needle.

Methotrexate

A medication used to treat certain types of cancer, severe psoriasis, and rheumatoid arthritis, by slowing cell growth.

Lorazepam

A benzodiazepine medication used to treat anxiety disorders, insomnia, and to provide sedation before medical procedures.

Fentanyl Transdermal

A medication delivered through the skin via a patch, used for managing severe, chronic pain.