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a real estate agent sells a house for $200,000 that the previous owners had bought 10 years earlier for $100,000. the agent earns a commission of $6,000. by how much does gdp rise?

Respuesta :

The GDP rise will be $106,000

Given:

current price of the house = $200,000

price of the house 10 years before = $100,000

agent commission = $6,000

current gdp rise = ($200,000 + $6,000 - $100,000)

= $106,000

So, the rise in gdp is $106,000

What is GDP ?

Gross Domestic Product is the summation of the prices and values of the various economic activities that the residents of a country or state undertook during a period.

Learn more about GDP here:

https://brainly.com/question/1383956

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