Exhibit 18-2 -An Individual Who Purchases a Computer Later Decides to Acquire

question 2

Multiple Choice

Exhibit 18-2

-An individual who purchases a computer later decides to acquire a new motherboard. In terms of computing GDP, this new motherboard would be a(n)

• A)economic good.
• B)final good.
• C)intermediate good.
• D)input.
• E)double good.

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Definitions:

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in that order.

Abraham H. Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Physical Needs

Basic human requirements for survival and well-being, such as food, water, shelter, and sleep.

Intrinsic Benefits

Advantages or positive aspects inherent to something, not dependent on external factors.