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Maryam bought a house for $1 million in 2021. This house is valued at $1.5 million in 2022. Q: How will this transaction affect the

Maryam bought a house for $1 million in 2021. This house is valued at $1.5 million in 2022.

Q: How will this transaction affect the GDP in 2021 and the GDP in 2022? Explain in detail. (5 marks)

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