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Sublight2097 Sublight2097
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8 years ago
Suppose Regretta Sigh becomes the lucky winner of a $10,000,000 state lottery jackpot after purchasing a single $1.00 lottery ticket. How does her lucky expenditure affect current GDP?
A) GDP rises by $1.00.
B) GDP rises by $9,999,999.
C) GDP rises by $10,000,000.
D) GDP rises by $10,000,001.
E) GDP rises by the present value of the total cash prize.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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3 years ago
Thank you
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#4
3 years ago
thx
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#5
3 years ago
thanks
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