Which of the Following Would Increase GDP

question 148

Multiple Choice

Which of the following would increase GDP?

• A) You buy 100 shares of Wal-Mart stock.
• B) Your car is destroyed by a fire, and you purchase a two-year-old car to replace it.
• C) Your car is damaged by a fire, and you hire a mechanic to repair it.
• D) Your car is damaged by a fire, and you reduce the number of hours you work to repair the car yourself.

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Definitions:

NFC Chip

Near Field Communication (NFC) chip is a small electronic device embedded in objects like smartphones and credit cards to enable close-range wireless communication, facilitating transactions and data exchanges.

Thermal Paste

A thermally conductive compound applied between the CPU and its heat sink to enhance heat dissipation.

CPU

The Central Processing Unit, essential for a computer, executes most of the machine's processing activities.

Display Cable Connection

This involves the physical connection between a display screen and a computer or media device using cables, such as HDMI, DVI, or VGA, to transmit visual data.