You sell your old bedroom set to your roommate for $1,800 and buy new custom-built furniture for $6,000.How much is added to GDP?

Name: You sell your old bedroom set to your roommate for $1,800 and buy new custom-built furniture for $6,000.How much is added to GDP?
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Question

Quizplus · Accepted Answer

The sale of the old bedroom set is not added to GDP because it is a second-hand transaction. Only the purchase of new custom-built furniture, valued at $6,000, is added to GDP as it reflects current economic activity.

You Sell Your Old Bedroom Set to Your Roommate for $1,800