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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 13
Which of the following items is included in the calculation of GDP?
A) Purchase of 100 shares of Apple stock.
B) Purchase of a used car.
C) The value of a homemaker's services.
D) Sale of Gulf War military surplus.
E) None of the answers above would be included.
A) Purchase of 100 shares of Apple stock.
B) Purchase of a used car.
C) The value of a homemaker's services.
D) Sale of Gulf War military surplus.
E) None of the answers above would be included.
Explanation
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Under expenditure approach, GDP is sum o...
Economics for Today 9th Edition by Irvin Tucker
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