Multiple Choice
Which of the following would be directly counted in GDP in 2017?
A) kitchen cabinets purchased from Lowes in 2017 to be installed in a house built in 1997
B) kitchen cabinets built in 1887, extracted from the 1887 home, and installed in a brand new country-style home
C) kitchen cabinets built in 1887, extracted from the 1887 home, and installed in a farm house built in 1950
D) kitchen cabinets purchased from Home Depot installed in a newly constructed house
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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