Related to the Economics in Practice on p. 107: The value of the used goods sold on eBay from a U.S. seller to a U.S. buyer is Select one: O a. not counted in either U.S. GDP or GNP. O b. counted in U.S. GNP but not GDP. O c. counted in both U.S. GDP and GNP. Od. counted in U.S. GDP but not GNP.
Related to the Economics in Practice on p. 107: The value of the used goods sold on eBay from a U.S. seller to a U.S. buyer is Select one: O a. not counted in either U.S. GDP or GNP. O b. counted in U.S. GNP but not GDP. O c. counted in both U.S. GDP and GNP. Od. counted in U.S. GDP but not GNP.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
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Question
![Related to the Economics in Practice on p. 107: The value of the used goods sold on eBay from a U.S. seller to a U.S. buyer
is
Select one:
O a.
not counted in either U.S. GDP or GNP.
Ob. counted in U.S. GNP but not GDP.
O c. counted in both U.S. GDP and GNP.
O d. counted in U.S. GDP but not GNP.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b518302-8e47-406e-8966-105b47b51691%2F9f7c5ea2-f955-48cc-8580-b93a85d77041%2Ftt1ynvkk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Related to the Economics in Practice on p. 107: The value of the used goods sold on eBay from a U.S. seller to a U.S. buyer
is
Select one:
O a.
not counted in either U.S. GDP or GNP.
Ob. counted in U.S. GNP but not GDP.
O c. counted in both U.S. GDP and GNP.
O d. counted in U.S. GDP but not GNP.
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