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In 2018, Janice Quinn Sells a Five-Year-Old Car to Used

Question 175

Multiple Choice

In 2018, Janice Quinn sells a five-year-old car to Used Car, Inc. for $4,000. In the same year, Used Car, Inc. resells the car to Hilda Goner for $4,750. What is the contribution of these transactions to GDP in the year 2015?


A) $0
B) $750
C) $4,000
D) $8,750

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