Is the value of a house built in 2008 and resold in 2019 included in the GDP
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Is the value of a house built in 2008 and resold in 2019 included in the GDP of 2019? Briefly explain. Would the services of the real estate agent who helped sell (or buy) the house in 2019 be counted in GDP for 2019? Briefly explain.
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The value of the house built in 2008 would not be included in ...View the full answer
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Ali Khawaja
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