2 ms·
Resales of previously sold (used) goods are not included in GDP. Services to facilitate selling [auction fees, commissions, shipping, etc.] are new services an
by sokoloff 3mo ago
Resales of previously sold (used) goods are not included in GDP.
Services to facilitate selling [auction fees, commissions, shipping, etc.] are new services and so get counted, but the underlying asset's resale is not.