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Anvisha [2.4K]
2 years ago
5

The sale of a used automobile would not be included in GDP of the current year because it is ________.

Business
1 answer:
Aleks04 [339]2 years ago
5 0

The sale of a used automobile would not be included in GDP of the current year because it is not current production.

<h3>What is GDP?</h3>

GDP which full meaning is gross domestic product is use to determine the market value of goods and services or products  in the market.

The sale of a used automobile will be excluded in the gross domestic product of the current year because is not a current production.

Which inturns means that the product (automobile) has already been used and therefore will not be counted.

Inconclusion the sale of a used automobile would not be included in GDP of the current year because it is not current production.

Learn more about GDP here:brainly.com/question/1383956

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In 1913, pork chops cost an average of 20.9 cents per pound ($0.209). How much would those 1913 pork chops cost in 2012 dollars?
valina [46]

Answer and Explanation:

The price of pork chops per pound in 2012 is $3.57 according to Statista. This is a remarkable increase from 20.9 cents or $0.209 per pound from 1913.

Today pork chops cost even more at an estimated price of $4.25 per pork chop pound. A whooping 2033% increase from 1913. This is a good example of how much inflation has affected prices of goods in the last 100 years.

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3 years ago
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brilliants [131]

Answer:

D

Explanation:

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4 0
3 years ago
The basket of goods in the consumer price index consists of about _________ products; that is, several hundred specific products
Elan Coil [88]
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7 0
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sammy [17]

Answer:

A. service account

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Hope this helps:)

6 0
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