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You Purchase a New Car (Produced This Year) for $38,000

Question 190

Multiple Choice

You purchase a new car (produced this year) for $38,000. After six months, you sell the car for $31,500. How much does GDP rise because of these two transactions?


A) GDP rises by $31,500.
B) GDP rises by $69,500.
C) GDP rises by $38,000.
D) GDP rises by $6,500.

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