Sally Has Recently Graduated from College and Has Bought a House

question 128

Multiple Choice

Sally has recently graduated from college and has bought a house that was built 50 years ago for $100,000.She used a real estate agent to help her find and purchase the house,and the real estate agent received 6 percent of the value of the sale,or $6,000,to be paid by the seller of the house.The value of GDP in this case would

• A)increase by $100,000.
• B)increase by $94,000.
• C)increase by $106,000.
• D)increase by $6,000.
• E)not be affected because the house was not produced in the current time period.

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Definitions:

Left Hemisphere

The left side of the brain, which is typically associated with analytical thought, language, logic, and mathematical abilities.

Speaking Ability

The capacity to effectively express thoughts, feelings, and information through verbal language.

Accommodation

The process by which the eye changes optical power to maintain a clear image or focus on an object as its distance varies.

Conceptualization

The process of developing clear ideas or concepts about something, often involving abstract or complex thinking.