162k views
1 vote
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

User Pindare
by
7.9k points

1 Answer

1 vote
It is D. Both housing services in total provide 22,000 dollars.
User Kingfoot
by
7.9k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.