3. The Ford Motor Company makes a car in 2020 and sells it to the Jones family...

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3. The Ford Motor Company makes a car in 2020 and sells it to the Jones family in 2021. This event increases

a. both consumption and GDP in 2020.

b. both consumption and GDP in 2021.

c. consumption in 2020 and GDP in 2021.

d. consumption in 2021 and GDP in 2020.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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