In November 2012,General Motors produced an automobile that was delivered to a local dealership in December 2012.The auto was sold to Sharon Smith for personal use in February of 2013.Following national income accounting practices,this auto would be counted as:
A) consumption in 2012 and consumption in 2012.
B) consumption in 2012 and investment in 2013.
C) disinvestment in 2012 and consumption in 2013.
D) investment in 2012 and disinvestment in 2013.
Correct Answer:
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