Changes in the Quality of a Good

question 44

Multiple Choice

Changes in the quality of a good

• A) are not reflected in GDP unless the price of the good reflects the improvement.
• B) increase the national income and lower GDP.
• C) are reflected in GDP when GDP is deflated.
• D) are one reason the dollar value of output exceeds the dollar value of income.
• E) explain why we must avoid double counting.

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Definitions:

Antisocial Personality Disorder

A psychiatric disorder characterized by a continual indifference to ethics and a lack of empathy for others' rights and feelings.

Psychopathy

A personality disorder characterized by persistent antisocial behavior, impaired empathy, and often, criminality.

Borderline Personality Disorder

A mental disorder characterized by unstable moods, behavior, and relationships.

Nonsuicidal Self-Injury

Deliberate injury to oneself without suicidal intent, often as a means to cope with distressing feelings or situations.