Which of the Following Is a Good That Would Be

question 51

Multiple Choice

Which of the following is a good that would be counted as consumption in GDP?

• A) The Subway sandwich Tony ate for lunch
• B) The cake Tony baked at home and shared with his roommate
• C) The money Tony spent on the purchase of a used car
• D) Common stock that Tony purchased for his 401(k)

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Definitions:

Wechsler Adult Intelligence Scale

A standardized test designed to measure intelligence and cognitive ability in adults and older adolescents.

WAIS

Wechsler Adult Intelligence Scale, a standardized test designed to measure human intelligence in adults.

Culture-Free Intelligence Tests

Psychological tests designed to assess intelligence or cognitive abilities without relying on knowledge that is specific to any particular cultural or educational background.

Seriation

The cognitive ability to arrange objects in order by some attribute, such as size, color, or number.