Which of the Following Statements Is False

question 83

Multiple Choice

Which of the following statements is false?

• A) The market value of all nonmarket goods is omitted from GDP.
• B) The sale of used goods is omitted from GDP.
• C) The market value of a person mowing his or her own lawn is omitted from GDP.
• D) If a good is produced but not sold,it is included in GDP.

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Definitions:

Fundamental Attribution Error

The tendency to attribute others' behaviors to their character or personality while underestimating situational factors.

Milgram's Study

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Methodological Weaknesses

Refers to limitations or flaws in the design, execution, or conceptual framework of a research study that can affect its reliability or validity.

Real-Life Application

Real-Life Application refers to the utilization of theoretical knowledge or concepts in practical, everyday situations.