Table 12-28 -Refer to Table 12-28

question 255

Multiple Choice

Table 12-28
$\begin{array}{|l|c|} \hline & \begin{array}{c}\text { Billions of } \\\text { Dollars }\end{array} \\\hline \text { GDP } & \$ 5,250 \\\hline \text { Transfer Payments } & 50 \\\hline \text { Retained earnings } & 700 \\\hline \text { Depreciation } & 1,250 \\\hline\end{array}$
-Refer to Table 12-28.Based on the table above,what is national income for this economy?

• A) $4,700 billion
• B) $4,000 billion
• C) $3,150 billion
• D) $2,450 billion

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.