Which One of the Following Events Will Reduce GDP

question 96

Multiple Choice

Which one of the following events will reduce GDP?

• A) Mrs. Lee hires a housekeeper.
• B) You buy the ingredients to bake a loaf of bread, but you burn the bread and throw it away.
• C) You decide to work five more hours per week at your bookkeeper job, even though you need more time to study.
• D) An automobile manufacturer lays off 200 workers as the result of a fire in the paint shop.

---

Definitions:

Self-handicapping

A strategy where individuals create obstacles or excuses to avoid self-blame in case of failure.

Self-defeating Behaviors

Actions or habits that undermine one's own goals or well-being, often occurring as a result of negative self-talk or self-sabotage.

Self-efficacy Failure

Situations or circumstances where an individual's belief in their ability to execute actions necessary for a desired outcome is undermined or lacks entirely.

Counterproductive Strategies

Approaches or methods that have the opposite effect of what is intended, often making a situation worse.