Calculate the total change in a year gdp. a family sells a, Ask an Expert

Economics

Detailed Explanation to GDP

find out the totals change in a year's GDP

A family sells a home, without using a broker, for $150,000. They could have rented it on the open market for $700 per month. They buy a 10-year old condo for $200,000; the broker's fee on the transaction is 6% of the selling price. The condo owner was formerly renting the unit for $500 per month.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M925295

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