Which of the Following Transactions Adds to U

question 156

Multiple Choice

Which of the following transactions adds to U.S. GDP for 2010?

• A)In 2010, Marvin Windows manufactures 20 windows that will eventually be installed in an office building in Minneapolis. The windows remain in Marvin's inventory at the end of 2010.
• B)An Irish marketing consultant works in Boston during the summer of 2010 and earns $50,000 during that time.
• C)When Tim and Tina were both single, they lived in separate apartments and each paid $750 in rent. Tim and Tina got married in 2010 and they bought a previously unoccupied house that, according to reliable estimates, could be rented for $1,550 per month.
• D)All of the above transactions add to U.S. GDP for 2006.

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Definitions:

Piaget's Notion

The concept introduced by Jean Piaget that focuses on the cognitive development of children, outlining how they progress through distinct stages of development with increasing complexity in thought processes.

Intentionality

The ability to engage in behaviors directed toward achieving a goal.

Achieving Goal

The process of setting, pursuing, and attaining objectives or desired outcomes.