Given the line below.

Write the equation of the line, in point-slope form. Identify (x1, y1) as the point (1, 2). Use the box provided or the upload option to submit all of your calculations and final answer.

Tom and lilly rented a house for $12,000 last year. at the start of the year they bought the house they had been renting directly from the owner for $250,000. they believe they could rent it for $12,000 this year, but stay in the house. how much does tom and lilly’s decision to buy the house change gdp? a. it reduces gdp by $12,000 b. it does not change gdp c. it raises gdp by $238,000 d. it raises gdp by $250,000