A Real Estate Salesperson Sells a House in 2015 That

question 13

Multiple Choice

A real estate salesperson sells a house in 2015 that was built in 2005.How does this transaction get counted in the GDP statistics?

• A)The price of the house and the real estate salesperson's commission are both included in 2015's GDP.
• B)Neither the price of the house nor the commission is included in 2015's GDP.
• C)The real estate salesperson's commission but not the price of the house is included in 2015's GDP.
• D)The price of the house would be included in both 2005's GDP and the GDP for 2015.

Articulate the criticisms and appreciations of Freudian theory in contemporary context.

Explain Freud’s structural model of the psyche and its functions.

Understand the basis of personality development from a collectivist cultural perspective.

Describe the five-factor model of personality and its application in assessing personality traits.

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Definitions:

Issued Shares

Shares of a company that have been allocated and are currently held by shareholders.

Common Stock

Shares representing ownership in a company, giving holders voting rights and a share in the company's profits via dividends.

Revenue Realized

Income that a company has earned and received payment for, typically from sales of goods or services.

Sale Price

The amount of money for which a product or service is sold to the consumer.