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Houses contribute to gdp

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1. Edward owns two houses. He lawfully rents one house to the Quinn family for $15,000 per year. He lives in the other house and pays $20,000 in dividends per year. If he were to rent the house in which he lives, he could earn $17,000 per year in rent. How much do the housing services provided by these two houses contribute to GDP?

Reference no: EM131071221

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