3. The value of a 2005 boat you purchase from a boat dealer in 2007 would be counted in 2007's GDP. True False

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 11RQ: What are the main components of measuring GDP with what is demanded?
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False
3. The value of a 2005 boat you purchase from a boat dealer in 2007 would be
counted in 2007's GDP
O True
False
Transcribed Image Text:False 3. The value of a 2005 boat you purchase from a boat dealer in 2007 would be counted in 2007's GDP O True False
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