Multiple Choice
How much would be added to this year's GDP if you sold your four-year-old automobile for $4,000 and purchased a two-year-old model from an acquaintance for $10,000.
A) nothing
B) $6,000
C) $10,000
D) $14,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q119: Which of the following is true about
Q120: When adjusting nominal GDP for price changes,
Q121: Using the resource cost-income approach, indirect business
Q122: Suppose that the nominal value of GDP
Q123: As per capita GDP has risen in
Q125: Which of the following statements about gross
Q126: Gross private domestic investment<br>A) excludes all investment
Q127: When economists speak of changes in GDP
Q128: A price index is designed to measure<br>A)
Q129: Over time, GDP may increase as the