The cost to repair linda's car is $500, including parts and labor. the cost of parts is $140. if the cost of labor is $40 per hour, how many hours of labor did the repairs take?
a.
20
b.
1
c.
8
d.
9

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