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01-07-2019
Business

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James owns two houses. He rents one house to the Johnson family for $10,000 per year. He lives in the other house. If he were to rent the house in which he lives, he could earn $12,000 per year in rent. How much do the housing services provided by the two houses contribute to GDP? A. $0 B. $10,000 C. $12,000 D. $22,000

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bgisonni bgisonni

01-07-2019

It is D. Both housing services in total provide 22,000 dollars.

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