Which of the Following Is a Good or Service Counted

question 68

Multiple Choice

Which of the following is a good or service counted in GDP?

• A) tires Ford buys to put on a car
• B) a used tire you buy for your personal car
• C) a new tire you buy for your personal car
• D) used tires bought by a used car dealer to put on a car on his lot

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Definitions:

Cultural Meanings

are the values, beliefs, and practices that are shared by a group of people, shaping their view of the world and influencing their behavior and traditions.

Group Identity

The sense of belonging and identification with a collective or category of people, shared based on common characteristics or interests.

Symbolic Interaction

A distinct conceptualization that investigates how individuals create, maintain, and change social realities through the meanings they ascribe to symbols and interactions.

Cultural Hegemony

The dominance of a culturally diverse society by the ruling class who manipulate the culture of that society—the beliefs, explanations, perceptions, and values—so that their imposed, ruling-class worldview becomes the accepted cultural norm.