Solved

Which of the Following Transactions Would Be Counted Toward This

Question 196

Multiple Choice

Which of the following transactions would be counted toward this year's GDP?


A) General Motors purchases 10,000,000 tires from Firestone.
B) A 300-year-old painting is sold for $12 million.
C) A street gang earns $2 million from selling illegal drugs.
D) Your real estate agent earns $5,000 commission when you sell your 100-year-old house for $100,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions