1. Which of the following items is included in the calculation of GDP? a. Purchase of 100...

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1. Which of the following items is included in the calculation of GDP?

a. Purchase of 100 shares of General Motors stock.

b. Purchase of a used car.

c. The value of a homemaker’s services.

d. Sale of Gulf War military surplus.

e. None of the above would be included.

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Economics For Today

ISBN: 9781594632914

6th Edition

Authors: Irvin B. Tucker

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