Consider two cars manufactured by Mercedes in 2021. During 2021, Mercedes sells one of the two cars to Peter for $74,000

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answerhappygod
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Consider two cars manufactured by Mercedes in 2021. During 2021, Mercedes sells one of the two cars to Peter for $74,000

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Consider two cars manufactured by Mercedes in 2021. During 2021,Mercedes sells one of the two cars to Peter for $74,000. Later inthe same year, Peter sells the same car to Max for $68,000. Thesecond automobile, with a market value of $79,000, is unsold at theend of 2021 and it remains in Mercedes’s inventory. Thetransactions just described contribute how much to GDP for2021?
a. $74,000
b. $221,000
c.$142,000
d. $153,000
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