Answered

Which of the following would NOT be counted in the year 2020's GDP?

A. A new car purchased in the year 2020.
B. The value of a dishwasher manufactured in 2020 and sold in 2020.
C. A new oven purchased by a pizza restaurant owner for his pizza restaurant in 2020.
D. The value of a 2009 car you purchase from a car dealer in 2020.



Answer :

GinnyAnswer

Final answer:

Newly produced goods contribute to GDP, while resale of old goods does not.


Explanation:

A new car purchased in the year 2020 would be counted in the year 2020's GDP as it represents a newly produced good. The value of a dishwasher manufactured in 2020 and sold in 2020 would also be counted in the GDP. However, the value of a 2009 car you purchase from a car dealer in 2020 would NOT be counted in the year 2020's GDP since it is a resale of a previously produced good.


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