Which of the Following Transactions Is Included in GDP

question 5

Multiple Choice

Which of the following transactions is included in GDP?

• A)You buy a used car for $10,000.
• B)An unemployed worker receives a check for $450 as unemployment benefits.
• C)You buy a one-acre lot in Florida where you plan to build a beach house.
• D)Toyota builds 1,000 Accords in Kentucky at a cost of $25,000 each but is unable to sell them and, therefore, they are added to inventory.

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Definitions:

Gender Inequality

A social condition characterized by unequal rights, responsibilities, opportunities, and treatment of individuals based on their gender.

Nuclear Family

A term used to describe a household consisting of a mother, father, and their biological or adopted children.

Decline of The Family

Refers to the perceived or real decrease in the traditional family structure's stability and function in society.

Divorced Parents

Individuals who have legally ended their marriage or partnership, which involves the separation of a child's guardians or primary caregivers into two distinct households.