Multiple Choice
By how much does GDP change between 2004 and 2005 in the following scenario? In 2004,a rich woman has a butler and pays him $50,000 to perform butler services.In 2005,she marries the butler but he continues to perform butler services.
A) GDP rises by $50,000.
B) GDP is unchanged.
C) GDP falls by $50,000.
D) GDP rises by $25,000.
E) Not enough information is given.
Correct Answer:
Verified
Correct Answer:
Verified
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