Answer:
$15,000
Explanation:
Joe has sold the house he has been living in for 10 years to the Smiths family
He sold the house at $300,000
Joe receives $50,000 more than the original price bargained 10 years ago
He pays the real estate agent a commission of 5%
= 5/100
= 0.05
Therefore the increase in gross domestic product can be calculated as follows
= $300,000×0.05
= $15,000
Hence, the transaction will increase the gross domestic product by $15,000
B. Formal training that combines classroom instruction with learning on the job.
That's how I've understood it when I took business in high school.
Too much money chasing too few goods is characterized by the term inflation.
Vote low income African American didn't make enough to keep up so they couldn't vote <span />
