Consider a company JuiceStop who issues stocks to the public for the first time in 2022. JuiceStop provides two shares. During 2022, JuiceStop sells one of the two shares to Emily for $21,000. Later in the same year, Emily sells the share to Janet for $25,000. The second share, at a market value of $24,000, is sold to Jerome. JuiceStop uses all the funds that are financed via selling stocks to Emily and Jerome to purchase cutting-edge juicer mathines produced in the U.S. The transactions just described contribute how much to GDP for 20227 Briefly explain your answer.

Consider a company JuiceStop who issues stocks to the public for the first time in 2022. JuiceStop provides two shares. During 2022, JuiceStop sells one of the two shares to Emily for $21,000. Later in the same year, Emily sells the share to Janet for $25,000. The second share, at a market value of $24,000, is sold to Jerome. JuiceStop uses all the funds that are financed via selling stocks to Emily and Jerome to purchase cutting-edge juicer mathines produced in the U.S. The transactions just described contribute how much to GDP for 20227 Briefly explain your answer.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter9: The Financial Markets And The Economy: The Tail That Wags The Dog

Section: Chapter Questions

Problem 5TY

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