4. As the chapter states, GDP does not include the value of used goods that are resold....

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4. As the chapter states, GDP does not include the value of used goods that are resold. Why would including such transactions make GDP a less informative measure of economic well-being?

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Principles Of Macroeconomics

ISBN: 9780324171891

3rd Edition

Authors: N. Gregory Mankiw

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4. As the chapter states, GDP does not include the value of used goods that are resold....

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Principles Of Macroeconomics

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