Which of the Following Would Tend to Increase the Value

question 173

Multiple Choice

Which of the following would tend to increase the value of officially measured GDP?

• A)decriminalization of drugs such as marijuana and cocaine 
• B)decriminalization of prostitution 
• C)decriminalization of gambling on basketball and football 
• D)all of the above

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Definitions:

Variable Cost

Expenses that change in proportion to the activity of a business such as raw materials and labor costs.

Net Present Value

A calculation that compares the present value of all cash inflows and outflows of a project or investment using a specific discount rate.

One-Shot Approach

A method or strategy executed with a single attempt, without the prospect of repetition.

Monthly Interest Rate

The interest rate applied to a loan or debt for a one-month period, often used to calculate the monthly interest payments.