Which of the Following Would Increase GDP

question 148

Multiple Choice

Which of the following would increase GDP?

• A) You buy 100 shares of Wal-Mart stock.
• B) Your car is destroyed by a fire, and you purchase a two-year-old car to replace it.
• C) Your car is damaged by a fire, and you hire a mechanic to repair it.
• D) Your car is damaged by a fire, and you reduce the number of hours you work to repair the car yourself.

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Definitions:

Academic Self-Concept

An individual's perception of their own academic abilities and competencies.

Relative Deprivation

The experience of feeling deprived of something to which one believes they are entitled, compared to others.

Academically Advanced

Referring to students or individuals who exhibit higher learning abilities or achievements than typically expected for their age or grade level.

Catharsis Hypothesis

The concept that expressing or releasing strong emotions through talking, crying, or other means can lead to relief from those emotions.