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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.

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Joshua Stredder
Joshua StredderLv10
28 Sep 2019

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