Question #200931

1.      In 2002, Ozzie purchased a 1997 Ford Escort from his neighbour for his son, purchased a 1999 “one owner” Camry from Larchmont Toyota for his wife, bought a 2001 new BMW sportscar for himself, and sold his 1993 Dodge Caravan to his teenage nephew. Which, if any, of these transactions will be included in GDP in 2002?

Expert's answer

The purchase of the BMW and the Caravan


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Canada #340153 on Dec 2023