Post a New Question

macroeconomics 205

posted by .

Last month, you sold an old car to your neighbor for 5000 dollars. The neighbor repainted the car at a paint shop for 500 dollars, of which only 400 was paid in cash and the rest in credit. By how much (if any) GDP in 2006 is affected?

  • macroeconomics 205 -

    I believe the answer is 500.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question