Ryan lives in an apartment where he pays $7,000 a year in rent.Sarah lives in a house that could be rented for $21,000 a year.How much do these housing services contribute to GDP?
A) $21,000
B) $28,000
C) $7,000
D) $14,000
Correct Answer:
Verified
Q2: Suppose an apartment complex converts to a
Q3: Estimates of the values of which of
Q4: Which of the following is included in
Q5: Estimates of the values of which of
Q6: Gross domestic product adds together many different
Q8: Which of the following is a way
Q9: GDP includes the value of all
A)final goods
Q11: If the price of a dress is
Q12: Suppose that an economy produces 30,000 units
Q163: Which of the following is included in
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