A Consumption Good That Would Be Counted in GDP Would

question 76

Multiple Choice

A consumption good that would be counted in GDP would be a:

• A) new bicycle.
• B) vintagebottle of wine purchased at an auction.
• C) washing machine purchased at a garage sale.
• D) A newly issued stock.

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Definitions:

Reliable

Describes something or someone that is consistently good in quality or performance, able to be trusted.

Valid

Legally sound, logically correct, or acceptable according to established principles or criteria.

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