Business, 21.10.2020 16:01 Jasten

By how much does GDP rise in each of the fol- lowing scenarios? Explain. (a) A computer company buys parts from a local distributor for $1 million, assembles the parts, and sells the resulting computers for $2 million. (b) A real estate agent sells a house for $200,000 that the previous owners had bought 10 years earlier for $100,000. The agent earns a commission of $6,000. (c) During a recession, the government raises unemployment benefits by $100 million. (d) A new U. S. airline purchases and imports $50 million worth of airplanes from the European company Airbus.

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By how much does GDP rise in each of the fol- lowing scenarios? Explain. (a) A computer company buys...

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