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QUESTION
This year a real estate agent helped you buy a house for $200,000 which was originally built in 1985. The agent's commission was $12,000. How will
This year a real estate agent helped you buy a house for $200,000 which was originally built in 1985. The agent's commission was $12,000. How will this transaction affect this year's GDP?
Consumption expenditures will increase by $212,000.
Consumption expenditures will increase by $12,000.
Investment expenditures will increase by $212,000.
Investment expenditures will increase by $12,000.
