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Question: In the following situations, explain what is counted in this year's GDP:

a. You bought a new Wii at GameStop last year and resold it on eBay this year.

b. You purchase an Investing for Dummies book at Barnes & Noble.

c. You purchase a historic home using the services of a real estate agent.

d. You detail your car so it is spotless inside and out.

e. You purchase a new hard drive for your old laptop.

f. Your physical therapist receives $300 for physical therapy but reports only $100.

g. Apple buys 1,000 motherboards for use in making new computers.

h. Toyota produces 10,000 new Camrys that remain unsold at the end of the year.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92290062

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