You bought a popular video game last year for $75 and sold it to a store this year for $20.The store sells the used game to a consumer for $50.This adds ________ to gross domestic product (GDP) when the store sells the game to the consumer.
A) nothing
B) $30
C) $50
D) $20
E) $25
Correct Answer:
Verified
Q60: Farmer John produces oranges.He sells half of
Q61: An example of an intermediate good would
Q62: Consumption is approximately _ of gross domestic
Q63: You bought a popular video game last
Q64: Which is the largest component of U.S.gross
Q66: The consumption category includes all purchases
A) made
Q67: Goods that firms repackage with other goods
Q68: A company sells 100 boxes of chocolate,yet
Q69: Bob wins the lottery.This _ included in
Q70: When you buy a new car built
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents