In the Year 2012,Pete Rich Purchases a Painting Done by Rembrandt

question 95

Multiple Choice

In the year 2012,Pete Rich purchases a painting done by Rembrandt in 1,642 for $20 million.He also pays a one percent commission to the auction house that sold the painting.What is the contribution of this transaction to GDP in the year 2012?

• A) $0.
• B) $200,000.
• C) $2 million.
• D) $20 million.
• E) $20.2 million.

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Democratic Party

One of the two major contemporary political parties in the United States, traditionally associated with progressive and liberal policies.

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