Question
Sophia just bought shares of stock in IBM for $20,000 and paid a $300 commission to her broker. How did this impact GDP? A)GDP increased
Sophia just bought shares of stock in IBM for $20,000 and paid a $300 commission to her broker. How did this impact GDP?
A)GDP increased by $20,000
B) GDP increased by $300
C) GDP increased by $20,300
D) GDP increased by $19,700
Could you provide me the calculation and explaination? :)
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The American Economy
Authors: Walter Greason, William Gorman
1st Edition
1524902675, 9781524902674
