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YouTubeMacro Economics with Michael.
GDP — What Counts: True, False or Uncertain? #Shorts
True, False, or Uncertain? Test yourself on GDP. Statement: When a used car is sold by one private citizen to another, GDP increases by the transaction amount. Answer: FALSE Second-hand sales are excluded — the car was already counted when it was first produced. Subscribe to Macro Economics with Michael for more. #Shorts #Economics # ...
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