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Which of the following statements is true? The GNP does not include sale of used items priced below $1,000 Neither the sale of a used
Which of the following statements is true?
- The GNP does not include sale of used items priced below $1,000
- Neither the sale of a used textbook nor sale of a used house enters GNP
- The sale of a used textbook does not enter GNP, but the sale of a used house does
- The sale of a used textbook enters GNP
- A used house does not enter GNP, but the sale of a used book does
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
