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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 19
If an automobile is produced by Chevrolet in 2008 but is not sold until 2010, the automobile is included in which year's GDP?
A) 2008
B) 2010
C) Both 2008 and 2010
D) 2009-the average of the two
A) 2008
B) 2010
C) Both 2008 and 2010
D) 2009-the average of the two
Explanation
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GDP refers to the market value of all fi...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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