In the following situations, explain what is counted (or is not counted) in this year’s GDP. Apple buys 1,000 motherboards for use in making new computers. Toyota produces 10,000 new Camrys that remain unsold at the end of the year.
In the following situations, explain what is counted (or is not counted) in this year’s GDP. Apple buys 1,000 motherboards for use in making new computers. Toyota produces 10,000 new Camrys that remain unsold at the end of the year.
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 16SQ
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- In the following situations, explain what is counted (or is not counted) in this year’s GDP.
Apple buys 1,000 motherboards for use in making new computers.
Toyota produces 10,000 new Camrys that remain unsold at the end of the year.
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