Which of the following counts as investment expenditure for Canada in the GDP accounting identity C+I+G+X-M? of _____
a. A firm in Vancouver purchases new Japanese vans for its delivery service. b. Your friend in Toronto purchases Telus Corporation bonds. c. A firm in Vancouver purchases vans produced in the previous year for its delivery service. d. A provincial government spends on building bridges and roads. e. Canadian households purchase new Japanese vans for personal consumption. A baker uses $100 worth of wheat purchased from a farmer and a $200 oven to produce bread. She sells the bread to a grocer for $500, who in turn sells it to consumers for $650. JERSE All production is domestic and happens in the current year. The baker's value-added is from the production of bread is $_____
a. $200, $400 b. $400, $400 c. $200, $450 d. $200, $850
