Which of the following items would be included in GDP in 2008?
I.payment made to a mechanic who repaired your 2005 Toyota
II.the fees charged by a lawyer for drawing your parents' will
III.new car sales by a local car dealer
IV.the value of new cars produced in 2008 but not sold in 2008
A) All of the items are included.
B) I, II, and III only
C) II and III only
D) II, III, and IV only
Correct Answer:
Verified
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