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Tidy Tidy
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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
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Chimelo46Chimelo46
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8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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