Which of the following would be included in last year's GDP?
A) 100 shares of IBM stock that Tony bought in May
B) the used car Tracey sold to Justin in June
C) George's purchase of a fishing rod and reel at a garage sale in August
D) the bucket of KFC chicken Glenn bought in July
Correct Answer:
Verified
Q1: Which of the following is the best
Q2: Which of the following is the best
Q3: Which of the following is NOT included
Q4: If GDP rises, what happens to income
Q6: Which of the following actions would be
Q7: In a simple circular-flow diagram, how are
Q8: The Lee family won a $50 million
Q9: Which of the following would be included
Q10: Rhonda sells a house she has owned
Q11: How are intermediate goods accounted for when
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