Which of the Following Transactions Adds to U

question 130

Multiple Choice

Which of the following transactions adds to U.S.GDP for 2006?

• A)In 2006, Ashley sells a car that she bought in 2002 to William for $5,000.
• B)An American management consultant works in Mexico during the summer of 2006 and earns the equivalent of $30,000 during that time.
• C)When John and Jennifer were both single, they lived in separate apartments and each paid $750 in rent.John and Jennifer got married in 2006 and they bought a house that, according to reliable estimates, could be rented for $1,600 per month.
• D)None of the above transactions adds to GDP for 2006.

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Definitions:

Approach-Avoidance Conflict

A psychological conflict that occurs when a single goal has both attractive and unattractive aspects, making the decision making process challenging.

Double-Blind Conflict

A situation in decision making where an individual is presented with two options, each with its own set of negative outcomes, leading to a no-win scenario.

Attractive And Unattractive Features

Traits or characteristics that determine or influence whether a person is found appealing or unappealing.

Demands

Conditions or requirements placed upon an entity or individual.