All of the following transactions that took place in 2009 would be included in GDP for 2009 except the purchase of a:
A) book printed in 2009, entitled The Year 3000.
B) 2001 Jeep Cherokee.
C) year 2010 calendar printed in 2009.
D) ticket to see the movie 2001.

Question

Quizplus · Accepted Answer

The purchase of a 2001 Jeep Cherokee would not be included in the GDP for 2009 because GDP measures the value of goods and services produced within a country in a specific time period. The Jeep Cherokee, being a used good produced in 2001, does not contribute to the production of new goods and services in 2009.

All of the Following Transactions That Took Place in 2009