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Unformatted text preview: during a given period of time. For each of the cases, the GDP of the country will be effected in either a minor and major way; each having somewhat of an effect on the GDP. A. The hurricane in Florida will make business for Disney World discontinued. Because of this shut down for a month the products and services that Disney World has given to the countrys GDP will decrease. This of the hurricane, the income that Disney World would have made in a month will not be counted. B. For GDP to be measured a country must have sold the product in the present country. Therefore the new easy-to-grow strain f wheat that will increase farm harvest...
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This note was uploaded on 10/09/2011 for the course ECON 101 taught by Professor Miyanishi during the Spring '08 term at UC Davis.
- Spring '08