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When John Buys New Tires for His Car It ________,And

Question 57

Multiple Choice

When John buys new tires for his car it ________,and when Ford buys tires to put on new cars it ________.


A) does not count toward GDP; does not count toward GDP
B) does not count toward GDP; counts toward investment
C) counts toward consumption; counts toward investment
D) counts toward consumption; does not count toward GDP
E) counts toward investment; counts toward investment

Correct Answer:

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