Answered: 1.5 Which method of calculating GDP do…

1.5 Which method of calculating GDP do illegally imported used cars distort? a) Production method. b) Income method. c) Value added method. d) Expenditure method.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 3.7P

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1.5 Which method of calculating GDP do illegally imported used cars distort?
a) Production method.
b) Income method.
c) Value added method.
d) Expenditure method.
(4

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