Activities That Are Directly Included in GDP Accounts Include

question 79

Multiple Choice

Activities that are directly included in GDP accounts include:

• A) the value of housework done by householders.
• B) the selling of illegal drugs.
• C) unreported labor in sweatshops.
• D) buying a ticket to a Yankees-Red Sox game on your day off.

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Definitions:

Proximate Cause

A legal concept that relates the actions of a party to the consequences faced by another, establishing a direct link between the conduct and the injury.

Actual Cause

Also known as "cause in fact," it refers to a direct action that resulted in harm or damage, forming a necessary link between the injury and the defendant's actions.

Unforeseeable Intervening

Events or circumstances that occur after the defendant's act that could not have been predicted and which change the outcome of that act.

Negligence

A failure to exercise the care that a reasonably prudent person would exercise in similar circumstances, often leading to harm or damage.