In November of Year 1, Econland Motors Produced an Automobile

question 221

Multiple Choice

In November of year 1, Econland Motors produced an automobile that was delivered to a local dealership in December that same year. The auto was then sold to Sharon Smith for personal use
The next year in February, year 2. Following national income accounting practices, this auto would
Be counted as part of

• A) consumption in year 1 and consumption in year 2.
• B) consumption in year 1 and investment in year 2.
• C) negative investment in year 1 and consumption in year 2.
• D) investment in year 1 and negative investment in year 2.

---

Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, elicits a conditioned response.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without any prior learning.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without needing to be learned.

Conditioned Response

A learned reaction or response to a previously neutral stimulus that has been repeatedly presented alongside an unconditioned stimulus.