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A Set of Tires Installed on a Vehicle in an Automobile

Question 115

Multiple Choice

A set of tires installed on a vehicle in an automobile factory is counted as:


A) a final good and its market price is part of GDP.
B) a final good and its market price is not part of GDP.
C) an intermediate good and its market price is part of GDP.
D) an intermediate good and its market price is not part of GDP.

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