Which of the following are included on deriving this year’s GDP? Explain your answer in each case. a) Rent received on…
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Which of the following are included on deriving this year’s GDP? Explain your answer in each case. a) Rent received on a two bedroom apartment in downtown Toronto b) Interest received on Government bonds c) Mary a student at U of T receives a monthly allowance from home d) A $3 billion increase in business inventories e) The services of a Molly maid by Mrs. Jones