Brian used the change of base formula to determine the value of log1000 1 10. his work is shown below. given: log1000 1 10 step 1: log 1 10 log 1000 step 2: –1 log 1000 step 3: –1 3 result: log1000 1 10= –1 3 where is the first error in brian's work?

Tom and lilly rented a house for $12,000 last year. at the start of the year they bought the house they had been renting directly from the owner for $250,000. they believe they could rent it for $12,000 this year, but stay in the house. how much does tom and lilly’s decision to buy the house change gdp? a. it reduces gdp by $12,000 b. it does not change gdp c. it raises gdp by $238,000 d. it raises gdp by $250,000