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In January 2021, the city of San Francisco purchased a GM truck for $40,000. The truck was produced in Detroit in November 2020 at a
In January 2021, the city of San Francisco purchased a GM truck for $40,000. The truck was produced in Detroit in November 2020 at a cost of $30,000. The purchase of the truck in January 2021 _____ .
A.) increases 2020 GDP by $30,000
B.) increases 2020 GDP by $40,000
C.) increases 2021 GDP by $10,000
D.) increases 2021 GDP by $70,000
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