A family sells the house they have lived in for two years to a friend. They received $150,000 and paid $100,000 two years ago. This transaction

A) has no effect on GDP because the buyer is the family's friend.
B) increases GDP by $50,000.
C) increases GDP by $150,000.
D) has no effect on GDP because the house was not built this year.


D

Criminal Justice

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