If a State Made a Previously-Illegal Activity,such as Gambling or Prostitution,legal,then,other

question 70

Multiple Choice

If a state made a previously-illegal activity,such as gambling or prostitution,legal,then,other things equal,GDP

• A) necessarily decreases.
• B) necessarily increases.
• C) doesn't change because both legal and illegal production are included in GDP.
• D) doesn't change because these activities are never included in GDP.

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Definitions:

Residential Purposes

Refers to the use of property exclusively for living or dwelling by individuals or families, distinct from commercial or industrial uses.

Definite-Term

A term or period with a clear beginning and end. In contracts, it refers to an agreement effective for a specific duration.

Term for Years

A leasehold estate for a specific period of time, which could range from months to years, but has a definite end date.

Lease

A contract granting use or occupation of property during a specified period in exchange for a specified rent.