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Suppose in 2014,you Purchase a House Built in 2003

Question 234

Multiple Choice

Suppose in 2014,you purchase a house built in 2003.Which of the following would be included in the gross domestic product for 2014?


A) the value of the house in 2014
B) the value of the house in 2003
C) the value of the house in 2014 minus depreciation
D) the value of the services of the real estate agent

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