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Question: https documents17058econ1000 assignment i cmu winter 201o 7 of 9...

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https: Documents/17058/ECON1000 Assignment I (CMU Winter 201O 7 of 9 - + Automatic Zoom Question Set III: Three Problem solving questions (10 points) 1.Which of the following are included and which are excluded in calculating this years GDP? Explain in each instance. (a) A monthly scholarship cheque received by an economics student. (b) The purchase of a new corncrib by a farmer. (c) The purchase of a used tractor by a farmer (d) The cashing in of a savings bond. (e) The services of a mechanic in fixing the radiator in his own car.
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