Sophia Just Bought Shares of IBM Stock for $25,000 and Paid

question 138

Multiple Choice

Sophia just bought shares of IBM stock for $25,000 and paid a $350 commission to her broker.How did this impact GDP?

• A) GDP increased by $25,350
• B) GDP increased by $350
• C) GDP increased by $25,000
• D) GDP increased by $24,650
• E) it had no impact on GDP

---

Definitions:

Evolution

A scientific theory that explains the diversity of life on Earth through processes such as natural selection and genetic variation.

Development

The process of economic and social transformation that is based on complex cultural and environmental factors and their interactions.

African-American Southerners

This term refers to individuals of African descent living in the Southern region of the United States, historically impacted by slavery and segregation.

Slavery

An arrangement where persons are held by others, stripped of their individual freedom, and obligated to engage in labor or services.