What is the contribution of transaction to gdp
In the year, 2005 Janice Quinn sells a five-year-old car to Used Car, Inc. for $3,000. In the same year, Used Car, Inc. resells the car to Ima Goner for $3,500. What is the contribution of this transaction to GDP in the year 2005
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The following set of instructions proceeds forward in time: a. Remove the filter. b. Clean the filter sleeve and water reservoir (buckets).c. Reinstall the filter. d. Use hot water and soap to clean the filter sleeve and reservoir. e. Use cold water
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Using aggregate demand, short-run aggregate supplies, and long-run aggregate supply curves, explain the process and causes by which each of the following economic events will move the economy from one long-run macroeconomic equilibrium to another.
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