An American soldier stationed in California receives a paycheck from the federal government for $500, which she uses to purchase a $300 stereo made in Korea by a Korean firm and $200 worth of groceries produced in California. As a result, U. S. GDP increases by: a. $200. b. $500. c. $700. d. $1000.
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An American soldier stationed in California receives a paycheck from the federal government for $500...
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