Ponzo and Mueller-Lyer Are

question 45

Multiple Choice

Ponzo and Mueller-Lyer are:

• A)cartoon characters
• B)psychophysicists
• C)specialized neurons in the visual system
• D)visual illusions

---

Definitions:

Intermediate Goods

Products used in the production process to make other goods, but are not part of the final product.

Double Counting

The mistake of including both the value of intermediate products and the value of final products in calculating gross domestic product; counting the same production more than once

Financial Assets

Instruments that represent a financial value, including stocks, bonds, bank deposits, and mutual funds.

Transfer Payments

Cash or in-kind benefits given to individuals as outright grants from the government.