How much would be added to this year's GDP if you sold your four-year-old automobile for $4,000 and purchased a two-year-old model from an acquaintance for $10,000
a. nothing
b. $6,000
c. $10,000
d. $14,000
A
Economics
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Indicate whether the statement is true or false
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Suppose that the total production of an economy consists of 10 oranges and 5 candy bars, each orange sells for $0.20, and each candy bar sells for $1.00. What is the market value of production in this economy?
A. $1.20 B. $5.00 C. $7.00 D. $2.00
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An increase in the value of the U.S. dollar in world markets, other things constant, would increase the demand for U.S. exports.
a. true b. false
Economics
________: the number of unemployed persons divided by the total civilian labor force
Fill in the blank(s) with correct word
Economics