Which of the following goods and services are included in GDP? If a good or service is
Question:
a. Cynthia buys some house paint.
b. Cynthia uses the paint that she purchased to paint her own house.
c. Bruce hires a painter to paint his house.
d. Randy sells the house that he bought 10 years ago.
e. Don buys a new Toyota Prius.
f. Don buys a 2005 Dodge truck to drive on the weekends.
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Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
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