Question

Which of the following has no effect on GDP? A. Buying a 1957 Chevy from a friend B. A musician makes a music CD, C. A college buys a computer or D.The Dept of Transportation repaves a road?

Answer 1

$$Solution$$

[ A. ] Buying a 1957 Chev from a friend .The GDP is not affected because nothing new is produced as the car bought is from a friend/second hand hence is not new.