Multiple Choice
Suppose that in 2011 you paid $150,000 for a house that was built in 2005 and sold that year for $210,000.The amount this transaction would add to the GDP in 2011 is
A) $0.
B) $60,000.
C) $210,000.
D) -$60,000
Correct Answer:
Verified
Correct Answer:
Verified
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