The following transactions take place in 2000nbspan elderly


The following transactions take place in 2000:

1- An elderly couple goes to the movies and pays $150 for the tickets.

2- A family sells numerous knick-knacks at a garage sale for $125.

3- A young executive buys 100 shares of IBM for $10,000.

4- A college student receives $800 from his parents.

5- A young couple down on their luck receives food stamps worth $230.

6- A plumber performs work for a neighbor and receives $125 in cash that he does not record in his company’s records.

7- A physician operates on a friend’s husband and charges $2,000 for the operation instead of her usual $5,000.

8- A teenager paints the porch on his parents’ house. The paint cost $95. The cost of hiring a professional to do the job would have been $400.

9- A high school graduate works a summer job and makes $7,000.

10- The Federal Reserve Bank sells a bond for $2,000.

The addition to gross domestic product is

A- $9,245.

B- $25,525.

C- $13,525.

D- $17,645.

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Business Economics: The following transactions take place in 2000nbspan elderly
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