In Early 2010 Molly Paid $200,000 for a House Built

question 111

Multiple Choice

In early 2010 Molly paid $200,000 for a house built in 2000.She spent $30,000 on new materials to remodel the house.Although Molly lived in the house after she remodeled it,its rental value rose.Which of the following contributed to real GDP in 2010?

• A)the price of the house,the cost of remodeling materials,the increase in rental value
• B)the price of the house and the cost of remodeling materials,but not the increase in rental value
• C)the costs of the remodeling materials and the increase in rent,but not the price of the house
• D)None of the above are correct.

---

Definitions:

First Year

The initial period of twelve months or the introductory stage of various endeavors or experiences, often marked by rapid learning and development.

Primary Caregiver

The main person responsible for providing care and meeting the needs of a child or dependent, often a parent or guardian.

Attachment Phase

A crucial period in early child development where a young child forms emotional bonds, usually with their caregivers.

Intense Dependence

A severe reliance on another person, substance, or behavior, often to the detriment of the individual's autonomy and well-being.