[Related to the Economics in Practice on p. 431] Which o
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[Related to the Economics in Practice on p. 431] Which of the following transactions would not be counted in GDP? Explai
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[Related to the Economics in Practice on p. 431] Which of the following transactions would not be counted in GDP? Explain your answers. a. General Motors issues new shares of stock to finance the construction of a plant. b. General Motors builds a new plant. c. Company A successfully launches a hostile takeover of company B, in which company A purchases all the assets of company B. d. Your grandmother wins $10 million in the lottery. e. You buy a new copy of this textbook. f. You buy a used copy of this textbook. g. The government pays out Social Security benefits. h. A public utility installs new antipollution equipment in its smokestacks. i. Luigi
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