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Sophia Just Bought Shares of Stock in IBM for $20,000

Question 52

Multiple Choice

Sophia just bought shares of stock in IBM for $20,000 and paid a $300 commission to her broker.How did this impact GDP?


A) It had no impact on GDP.
B) GDP increased by $300.
C) GDP increased by $20,000.
D) GDP increased by $19,700.
E) GDP increased by $20,300.

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