Colin bought a nissan sentra that's 3¾ times as expensive as the car his parents bought. if his parents paid $8,000 for theirs, what's the cost of colin's car? a. $30,000 b. $28,000 c. $26,000 d. $29,000

Tom and lilly rented a house for $12,000 last year. at the start of the year they bought the house they had been renting directly from the owner for $250,000. they believe they could rent it for $12,000 this year, but stay in the house. how much does tom and lilly’s decision to buy the house change gdp? a. it reduces gdp by $12,000 b. it does not change gdp c. it raises gdp by $238,000 d. it raises gdp by $250,000