Multiple Choice
Which of the following would be included in the calculation of GDP for 2012?
A) The price of a home built in 1991 and sold in 2012.
B) The price of 100 shares of Exxon stock purchased in 2012.
C) The price of a classic 1960 Thunderbird purchased in 2012.
D) The price of a new punch press built and purchased in 2012 to replace a worn-out machine.
E) The price of a used bicycle purchased at a garage sale in 2012.
Correct Answer:
Verified
Correct Answer:
Verified
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