Which of the Following Items Would Be Included in GDP

question 132

Multiple Choice

Which of the following items would be included in GDP in 2008?
I.payment made to a mechanic who repaired your 2005 Toyota
II.the fees charged by a lawyer for drawing your parents' will
III.new car sales by a local car dealer
IV.the value of new cars produced in 2008 but not sold in 2008

• A)All of the items are included.
• B)I, II, and III only
• C)II and III only
• D)II, III, and IV only

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Definitions:

Judgment Goal

A cognitive objective focusing on forming evaluations or decisions about a particular subject or scenario.

Development Goal

Objectives set for personal or organizational growth that guide progress towards achieving a larger aspiration or purpose.

Self-Improvement

The process of enhancing one's knowledge, status, character, or well-being through personal efforts and positive thinking.

Defensive Pessimists

Individuals who employ a strategy of setting low expectations and mentally preparing for negative outcomes to manage anxiety and perform well.