Which of the following transactions would be included in GDP? a. Abeer buys a newly constructed house. b. Zahra receives a tax refund of $500. c. Abdul buys $5000 worth of stock in Microsoft. d. Ahmed buys a used book for $5 at a garage sale.
Which of the following transactions would be included in GDP? a. Abeer buys a newly constructed house. b. Zahra receives a tax refund of $500. c. Abdul buys $5000 worth of stock in Microsoft. d. Ahmed buys a used book for $5 at a garage sale.
Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 9CQ
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![Which of the following transactions would be included in GDP?
a. Abeer buys a newly constructed house.
b. Zahra receives a tax refund of $500.
c. Abdul buys $5000 worth of stock in Microsoft.
d. Ahmed buys a used book for $5 at a garage sale.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb873e768-9054-4048-be4c-e41b8cdd69b1%2Fd57a4b66-ada1-4cbe-9710-a6e1b9c9ee12%2Fmeylhx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following transactions would be included in GDP?
a. Abeer buys a newly constructed house.
b. Zahra receives a tax refund of $500.
c. Abdul buys $5000 worth of stock in Microsoft.
d. Ahmed buys a used book for $5 at a garage sale.
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