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LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases O 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases O 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases 12 3 LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases

LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases O 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases O 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases 12 3 LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases O 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases O 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases 12 LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP. 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases
Transcribed Image Text:LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases O 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases O 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases 12 LIST 1 1. An individual sells her 2001-built house on her own. 2. An individual sells his 2001-built house through a broker. 3. Government increases Social Security payments. 4. Stock prices rise by 20 percent. 5. The US legalizes marijuana. Refer to List 1. What does happen to the GDP? 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. Nothing happens to the GDP, 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP. 4. Nothing happens to the GDP, 5. GDP increases 1. Nothing happens to the GDP, 2. GDP increases by the total amount the house was sold, 3. Nothing happens to the GDP, 4. GDP increases, 5. GDP increases 1. Nothing happens to the GDP, 2. Only the brokerage fee will be added to current GDP, 3. GDP increases, 4. Nothing happens to the GDP, 5. GDP increases
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