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Harman [31]
3 years ago
15

Suppose a consumer purchased a new television for $1000 2 years ago. Today, that person sold it in her garage sale for $200. How

does this affect the current GDP.
Business
1 answer:
guajiro [1.7K]3 years ago
4 0

It will not affect the current GDP at all. GDP is a measure of all <u>newly produced</u> goods and services during a year, so 2 years ago the TV's full value would have been included in the GDP, but the sale of the TV as a used good later on would not be counted.

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