In the Post-World War II Period, Considerable Growth in Total

question 95

Multiple Choice

In the post-World War II period, considerable growth in total production took place in the United States. But at the same time, businesses were dumping their waste into the Great Lakes with minimal cost to themselves, significantly polluting the bodies of water as a result. This occurrence is an example where

• A) real GDP gives an overly positive view of economic welfare.
• B) real GDP gives an overly negative view of economic welfare.
• C) investment would have been a better measure of total production.
• D) the pollution counts as a final good.

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Definitions:

Prefrontal Lobotomy

A surgical procedure once used to treat mental disorders, involving the removal or destruction of part of the prefrontal cortex of the brain.

Drug Therapy

The treatment of disease or disorder through the administration of pharmaceutical drugs.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning and learning techniques.

Transference

In psychoanalysis, the process by which patients displace onto their analysts feelings and ideas which derive from previous figures in their lives.