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Sublight2097 Sublight2097
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8 years ago
Clarity Dence pays $375 for a used acoustic guitar from the local music instrument dealer. The dealer himself purchased it for $150. In principle, how would this exchange affect GDP?
A) Nothing happens to GDP, because the guitar is a used good.
B) GDP increases by $150.
C) GDP increases by $225.
D) GDP increases by $375.
E) GDP increases by $525.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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#1
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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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#3
4 years ago
Thanks so much!
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#4
4 years ago
thank u
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#5
4 years ago
...
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#6
4 years ago
thanks
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#7
3 years ago
thanks
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#8
3 years ago
good
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#9
3 years ago
Good
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