Thank you for visiting Suppose the value of your home increases from 100 000 to 125 000 If you continue to live in your home the increase in its. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
Answer:
The correct answer is option A.
Explanation:
The value of a house was $100,000.
It increased to $125,00.
It will have no effect on the GDP if the person owning it continues to live in it.
The GDP of an economy measures the value of final goods and services produced in an economy in a year. This increase in the value of a house will not affect GDP as no final good or service is being produced.
The value of second-hand goods is not included in GDP.
Thank you for reading the article Suppose the value of your home increases from 100 000 to 125 000 If you continue to live in your home the increase in its. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!
- You are operating a recreational vessel less than 39 4 feet long on federally controlled waters Which of the following is a legal sound device
- Which step should a food worker complete to prevent cross contact when preparing and serving an allergen free meal A Clean and sanitize all surfaces
- For one month Siera calculated her hometown s average high temperature in degrees Fahrenheit She wants to convert that temperature from degrees Fahrenheit to degrees
Rewritten by : Jeany
