Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Tidy Tidy
wrote...
Posts: 4852
8 years ago
A car that is produced in 2013 is not sold until 2014. According to the definition of GDP, in which year's GDP should it be counted?
A) 2013
B) 2014
C) Half of the sales price will count as part of 2013 GDP and half will count as part of 2014 GDP.
D) The production cost will count as part of 2013 GDP while the sales price will count as part of 2014 GDP.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 356 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
Top Poster
Posts: 5641
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
8 years ago
Glad to help you, and good luck with your course.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1326 People Browsing
Related Images
  
 864
  
 1656
  
 376
Your Opinion