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Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later that same year, Santiago sells the now used BMW to Ryan in Arizona for $59,435. How much was contributed to US GDP from all these transactions?

Business Economics, Economics

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