Multiple Choice
An Iowan receives a Social Security check for $500,which he uses to purchase a $480 television made in Japan by a Japanese firm and a $20 dinner at a local restaurant.As a result,U.S.GDP
A) does not change.
B) increases by $20.
C) increases by $520.
D) increases by $1000.
Correct Answer:
Verified
Correct Answer:
Verified
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