You Bought a Popular Video Game Last Year for $75

question 115

Multiple Choice

You bought a popular video game last year for $75 and sold it to a store this year for $20.The store sells the used game to a consumer for $40.When you sell your game to the store,how is this included in gross domestic product (GDP) ?

• A) as consumption
• B) as investment
• C) as government purchases
• D) as net exports
• E) This does not count in GDP.

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Definitions:

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through experimentation and observation.

Falsifiable

A characteristic of a hypothesis or theory that suggests it can be proven wrong by observation or experiment.

Prokaryotic Cells

Cells without a nucleus or other membrane-bound organelles, including bacteria and archaea.

Eukaryotic Cells

Cells that contain a nucleus enclosed within membranes, distinguishing them from prokaryotic cells. They make up all complex organisms, including humans, plants, and fungi.