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Question 3. A real estate agent sells abou owners had bought 10 years earlier for 15000 By how much does GDP rise in the curr
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GDP in the current price is based upon the goods and services produced in the current year. Since the house was built in 1940, the sale of the house would be considered as a secondary transaction and not a primary transaction. Only the service provided by the agent would be counted as contributor to the GDP. Hence the rise in GDP is $5000, option c is the correct answer.

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