Multiple Choice
Beautiful Boating purchases five new boats at $200 thousand each to rent to vacationing fishermen.The firm sells its old boats to the public for $500 thousand.The net increase in GDP of these transactions was
A) $500,000.
B) $1,000,000.
C) $1,250,000.
D) $1,500,000.
Correct Answer:
Verified
Correct Answer:
Verified
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