k Your college bookstore receives a shipment of new economics texts for $60,000. This transaction is O A. included in GDP calculation under consumption. B. not included in GDP calculation, since books bought by the bookstore are intermediate goods. C. not included in GDP since books are exempt from GDP calculation. D. included in GDP under investment since the bookstore earns a profit by selling these books to students.
k Your college bookstore receives a shipment of new economics texts for $60,000. This transaction is O A. included in GDP calculation under consumption. B. not included in GDP calculation, since books bought by the bookstore are intermediate goods. C. not included in GDP since books are exempt from GDP calculation. D. included in GDP under investment since the bookstore earns a profit by selling these books to students.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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k Your college bookstore receives a shipment of new economics texts for $60,000. This transaction is O A. included in GDP calculation under consumption.
B. not included in GDP calculation, since books bought by the bookstore are intermediate goods.
C. not included in GDP since books are exempt from GDP calculation.
D. included in GDP under investment since the bookstore earns a profit by selling these books to students.
JUL 14 atv MacBook Pro G Search or type URL W X Clear all + N Check answer A Que Que Que Que: Ques Ques Ques
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