A. For each of the following examples, state if you think it is included in the 2010 calculation for the Philippine GDP. A 1962 Camaro sold to a collector in February 2010. A tractor produced by local...






A. For each of the following examples, state if you think it is included in the 2010 calculation for the Philippine GDP.




  1. A 1962 Camaro sold to a collector in February 2010.




  2. A tractor produced by local automobile company in May 2010 and sold to a farmer in


    September 2010.




  3. A cell phones produced in August 2010 in Shanghai China.




  4. A car produced in Philippines in 2010, but sold to a customer in January 2011.











  1. Nonmarket goods such as homemaking and child-rearing.




  2. The benefits of clean air and water.




  3. Estimated values of activity in the underground economy.




  4. Purchases and sales of goods produced in previous periods.




  5. Government pay its fiscal debt interest in 2010.




  6. The sale of a new car from a manufacturer’s inventory in 2010.




  7. Imported rice from Thailand.




  8. The purchase of a watch from a Swiss company in the Philippines.




  9. Mang Juan’s house constructed in 2009.




  10. A company invest in building a new plant in middle of the year 2010 and to be done at the end of the year.




  11. Judy sell her antique collection.




  12. Environmental destruction of mining operation in Antique.




  13. The sale of a used car.




  14. A newly constructed house.




  15. Road widening with a 6 months contract that started in January 2010.




  16. Government pay its debt interest in 2010.








Jun 07, 2022
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