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musickatia [10]
3 years ago
13

In 2017, Ozzie purchased a 2014 Ford Escort from his neighbor for his son, purchased a 2013 "one owner" Camry from Larchmont Toy

ota for his wife, bought a 2017 new Ford for himself, and sold his 2006 Dodge Caravan to his teenage nephew. Which, if any, of these transactions will be included in GDP in 2017?
Business
1 answer:
Zinaida [17]3 years ago
7 0

Answer:

Ozzie's purchase of the 2017 new Ford would be included in GDP

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Only goods produced in a given year would be included in the calculation of GDP.

Its only the 2017 new Ford that produced in 2017 that would be counted as part of 2017's GDP

I hope my answer helps you

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