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8 July, 04:03

1) As the chapter states, GDP does not include the value of used goods that are resold. True or False? 2) Including the value of used goods that are resold would make GDP a less informative measure of economic well-being. True or False?

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Answers (1)
  1. 8 July, 04:16
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    Number one

    True

    Number two

    True

    Explanation:

    The GDP is without the resold goods.
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