Consider an apartment complex that converts to a condominium As a result, the renters become owners of their apartments. What in included in GDP? The rent was not included in GDP; the purchasen of the...

Q4

Extracted text: Consider an apartment complex that converts to a condominium As a result, the renters become owners of their apartments. What in included in GDP? The rent was not included in GDP; the purchasen of the condominiums are included. O The rent was not included in GDP, the purchases are not included either. O The reat was included in GDP, and so is the purchase of the condominmma. O The rent was included in GDP; the purchases of the condominiums are not included