Multiple Choice
In the year 2012,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 Ima Goner for $3,500.What is the contribution of this transaction to GDP in the year 2012?
A) $0.
B) $500.
C) $3,000.
D) $3,500.
E) $6,500.
Correct Answer:
Verified
Correct Answer:
Verified
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