In November 2016, General Motors produced a car that was delivered to a local dealership in December 2016. The auto was sold to Sharon Smith for personal use in February 2017. Following national income accounting practices, this car would be counted as:
A. investment in 2016 and disinvestment in 2017.
B. consumption in 2016 and consumption in 2017.
C. consumption in 2016 and investment in 2017.
D. disinvestment in 2016 and consumption in 2017.
Answer: A
Economics
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