Suppose you buy a new iClicker 2 from the Illinois bookstore for $29.99. Your friend was lucky and found a used iClicker 2 online for 10. Assume that iClickers are also produced in the U. S. How much does U. S. GDP increase by?

U. S. GDP increase by $29.99

Explanation:

given data

buy new iClicker 2 from bookstore for $29.99

used iClicker 2 online = 10

to find out

How much does U. S. GDP increase by

solution

we know that GDP is only include value of good and service produce during the certain period of time

and here we buy new iClicker 2 from the Illinois bookstore at $29.99 is only part of U. S. GDP

but when used iClicker 2 online is at $10 is not the part of U. S. GDP

so we can say U. S. GDP increase by only at $29.99

so U. S. GDP increase by $29.99