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Sublight2097 Sublight2097
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8 years ago
Suppose Ford Motor Company produced and sold $50 million 2015 model-year pickup trucks during the last half of 2014. How would this affect GPD?
A) 2014 GDP would remain unchanged, and 2015 GDP would rise by $50 million.
B) 2014 GDP would rise by $50 million, and 2015 GDP would not be affected.
C) Both 2014 and 2015 GDP would rise by $25 million.
D) Trick question: 2015 model-year vehicles can't be produced and sold in 2014.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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