Which of the Following Would Be Included in the GDP

question 25

Multiple Choice

Which of the following would be included in the GDP Price Index,but not the Consumer Price Index?

• A) The price of a pair of shoes
• B) The price of coffee
• C) The price of a used car
• D) The price of a bar of soap
• E) The price of an aircraft carrier

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Definitions:

Digital Native

A person born or brought up during the age of digital technology, thus familiar with computers and the internet from an early age.

Luddite

Originally, members of an early 19th-century English workers' movement against technological advancements threatening jobs, now broadly refers to someone opposed to industrialization, automation, computerization, or new technologies.

Digital Immigrant

A term for individuals who were not born into the digital technology era but have adapted to its use later in life.

Public Policy

A set of decisions and actions taken by governmental entities intended to solve societal issues and influence the public's behavior.