Multiple Choice
A Manitoba farmer buys a new tractor made in Alberta by a German company. What is the impact on investment and GDP?
A) Canadian investment and German GDP increase, but Canadian GDP is unaffected.
B) Canadian investment and GDP increase, but German GDP is unaffected.
C) Canadian investment, Canadian GDP, and German GDP are unaffected, because tractors are intermediate goods.
D) Canadian investment, Canadian GDP, and German GDP all increase.
Correct Answer:
Verified
Correct Answer:
Verified
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