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1 vote
Why woyld the sale of a secondhand car not be included in a calculation of GDP?

A) THE CAR IS AN INTERMEDIATE PRODUCT.
B) THE SALE IS A FREE MARKET TRANSACTION.
C) THE CAR DOES NOT REPRESENT NEW PRODUCTION.
D) THE TRANSACTION OCCURS IN THE UNDERGROUND ECONOMY

1 Answer

4 votes
It is C, the car is second hand.
User Kirit Modi
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