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(a) Why do economists oftenleave out the value of goods like (1) car windshieldsand (2)secondhand cars whenmeasuring GDP for a particular year? Explain clearly in

(a) Why do economists oftenleave out the value of goods like (1) car windshieldsand (2)secondhand cars whenmeasuring GDP for a particular year? Explain clearly in both cases.(2 + 2) = 4

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Principles of Economics

Authors: Gregory Mankiw

7th edition

128516587X, 978-1285165875

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