Which of the Following Events Will Increase GDP

question 219

Multiple Choice

Which of the following events will increase GDP?

• A) losing $500 playing blackjack in your dorm
• B) selling an antique writing desk for $500 cash
• C) a burglar stealing your CD player
• D) the police department hiring an extra detective to track down the burglar who stole your CD player

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Definitions:

Value

The financial, tangible, or estimated value of a property, product, or service.

Intrinsic Value

The actual, inherent worth of an asset, independent of its market value, often calculated using fundamental analysis.

Call

An option contract that gives the holder the right, but not the obligation, to buy a security at a specified price within a specified time period.

Value

The worth of an asset or service, determined by factors such as market demand, utility, and costs of production.