Which of the Following Examples Would Affect GDP,as Measured by Statistics

question 54

Multiple Choice

Which of the following examples would affect GDP,as measured by Statistics Canada?

• A)A computer manufacturer sells computers to a bank.
• B)Nick receives $45 000 from his company in compensation for losing his job.
• C)You sell a used car to a car dealer.
• D)The local water company takes 20 000 litres of water from a nearby river.

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Definitions:

Base-Rate Information

Statistical data that indicates the prevalence of a particular phenomenon in a given population.

Categorization-By-Levels

A cognitive process in which objects, ideas, or information are organized into hierarchical categories based on common properties or attributes, simplifying complexity and enhancing understanding.

Categorization-By-Features

The process of organizing objects or concepts into groups based on shared characteristics or attributes.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, emphasizing logic, rationality, and skepticism.