Attachments: ASHFORD ECO 203 OLD Week 2 DQ 2 GDP.docx [ Preview Here ]
With each of the following examples, please explain what happens to contributions to GDP and economic growth in each of the following statements:
a. A woman who makes a living charging for investment advice on her Internet website marries one of her clients, to whom she now provides advice at no charge.
b. A tennis player wins two top professional tournaments as an unpaid amateur, meaning the tournament sponsor does not have to pay out his share of prize money.
c. A public utility installs new antipollution equipment in its smokestacks.
Respond to at least two of your classmates’ postings