Suppos e a n apartmen t comple x convert s t o a condominium , s o tha t th e forme r renter s ar e no w owner s o f their housin g units . Suppos e furthe r tha t a curren t estimat e o f th e valu e o f th e condominiu m owners ' housin g service s is th e sam e a s th e ren t the y previousl y paid . Wha t happen s t o GD P a s a resul t o f thi s conversion?
A.
GD P necessaril y increases.
B.
GDP necessarily decreases.
C.
GD P i s unaffecte d becaus e neithe r th e ren t no r th e estimat e o f th e valu e owner-occupie d housin g service s is include d i n GDP.
D.
GD P i s unaffecte d becaus e previousl y th e ren t payment s wer e include d i n GD P an d no w th e ren t payments ar e replace d i n GD P b y th e estimat e o f th e valu e o f owne r occupie d housin g services.