Which of the Following Transactions Is Included in GDP

question 5

Multiple Choice

Which of the following transactions is included in GDP?

• A)You buy a used car for $10,000.
• B)An unemployed worker receives a check for $450 as unemployment benefits.
• C)You buy a one-acre lot in Florida where you plan to build a beach house.
• D)Toyota builds 1,000 Accords in Kentucky at a cost of $25,000 each but is unable to sell them and, therefore, they are added to inventory.

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Definitions:

Instinctive Drift

The phenomenon where an animal's learned behavior reverts to its innate behaviors, overriding conditioned responses.

Behavior Modification

A psychological treatment method that alters undesirable behaviors through rewards, punishments, or other strategies.

Tokens

Symbolic, often physical, items used in a token economy system to reward desirable behavior and which can be exchanged for other rewards.

Biofeedback

The use of sensitive equipment to give people precise feedback about internal physiological processes so that they can learn, with practice, to exercise control over them.