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Loraine Loraine
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9 years ago
If the purchase of used goods was to be incorporated into measuring GDP using the expenditure approach, then
A) we also will have to account for spending on financial assets.
B) it will be very difficult to assign a fair market value to a used good.
C) we will be counting the value of the used goods both at the time of their production and at the time of their re-sale.
D) we will have to account for the natural depreciation that a used good experiences.
E) consumption spending would need to be adjusted for depreciation.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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9 years ago
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Loraine Author
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9 years ago
Good timing, thanks!
mmmm_dat_userna
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Yesterday
This helped my grade so much Perfect
jmelchor77
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2 hours ago
Helped a lot
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