Phil owns an old set of golf clubs that he purchased for $1,000 seven years ago. He

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Phil owns an old set of golf clubs that he purchased for $1,000 seven years ago. He decides to post them on Craigslist and quickly sells the clubs for $250. How does this sale affect GDP?

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Principles Of Economics

ISBN: 978-0393283365

1st Edition

Authors: Dirk Mateer ,Lee Coppock

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