Which of the following events has no effect on GDP?
A. You buy a 1955 Chevy from a friend.
B. The Department of Transportation resurfaces a road.
C. Your friends make a music CD that doesn't sell any copies.
D. A college buys printers.
E. You buy a bottle of Japanese wine.
Gross Domestic Product (GDP)
GDP is define as the money value of all the final goods and services produced in a country in a particular time period,i.e., a year. The measurement of GDP doesn't include transaction of second hand goods.
Answer and Explanation:
Ans: You buy a 1955 Chevy from a friend.
Thus, option A is correct answer.
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from Economics 102: MacroeconomicsChapter 4 / Lesson 2