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Consider Two Cars Manufactured by Chevrolet in 2009

Question 90

Multiple Choice

Consider two cars manufactured by Chevrolet in 2009. During 2009, Chevrolet sells one of the two cars to Sean for $24,000. Later in the same year, Sean sells the car to Kati for $19,000. The second automobile, with a market value of $30,000, is unsold at the end of 2010 and it remains in Chevrolet's inventory. The transactions just described contribute how much to GDP for 2009?


A) $24,000
B) $43,000
C) $54,000
D) $73,000

Correct Answer:

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