Which of the Following Examples Would Be Included in the Calculated

question 49

Multiple Choice

Which of the following examples would be included in the calculated GDP?

• A)A clothing manufacturer buys fabric from a textile producer.
• B)Suzanne buys a love seat and chair for $85 at the yard sale on the corner.
• C)Mr. Kelly buys a used lawn mower from his neighbour, Mr. Templeton.
• D)A local ice cream store sells $17 000 worth of cones and sundaes on July 1.

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Definitions:

Stimulus Level

The intensity of a stimulus which may influence the response it elicits from an organism or process.

Just Noticeable Difference

The smallest change in the intensity of a stimulus that can be detected.

Weber's Law

A principle in psychology stating that the just-noticeable difference in a stimulus is proportional to the magnitude of the original stimulus.

Opponent-Process Principle

A psychological and physiological model that explains contrasting emotional and sensory responses to stimuli.