Astate vector xx for a four-state markov chain is such that the system is three times as likely to be in state 1 as in 3, is not in state 4, and is in state 2 with probability 0.2. find the state vector xx.

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