Suppose That in 2015 You Paid $150,000 for a House

question 209

Multiple Choice

Suppose that in 2015 you paid $150,000 for a house that was built in 2005 and sold that year for $210,000.The amount this transaction would add to the GDP in 2015 is

• A)$0.
• B)$60,000.
• C)$210,000.
• D)−$60,000