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In 2010, Janice Quinn Sells a Five-Year-Old Car to Used

Question 78

Multiple Choice

In 2010, Janice Quinn sells a five-year-old car to Used Car, Inc. for $3,000. In the same year, Used Car, Inc. resells the car to Hilda Quinn Goner for $3,500. What is the contribution of these transactions to GDP in the year 2010?


A) $0
B) $500
C) $3,000
D) $6,500

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