Friday

ECO 203 Week 2 DQ 2

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ECO 203 Week 2 DQ 2
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.
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