Multiple Choice
Micah buys a used car for $10,000 and spends $200 on a new radio that is made in the U.S.The end result of these two transactions is
A) U.S.consumption purchases increase by $200 and U.S.GDP increases by $200.
B) U.S.consumption purchases increase by $200 and U.S.GDP increases by $10,000.
C) U.S.consumption purchases increase by $10,000 and U.S.GDP increases by $10,200.
D) U.S.consumption purchases increase by $10,200 and U.S.GDP increases by $10,200.
Correct Answer:

Verified
Correct Answer:
Verified
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