Which of the Following Is Counted in GDP

question 241

Multiple Choice

Which of the following is counted in GDP?

• A)the value of goods and services produced in the underground economy
• B)the cost of a speed boat purchased by drug smugglers
• C)the value of do-it-yourself work
• D)the value of leisure
• E)the value of learning that takes place when you read a book from the library

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Definitions:

Behavioral Style

The characteristic way in which an individual reacts and interacts with the environment, often consistent across different situations.

Personal Responsibility

The idea that individuals are accountable for their own actions and wellbeing, including taking charge of their life decisions and accepting the consequences.

Pride

A sense of profound contentment that comes from personal accomplishments, the successes of close associates, or from having qualities or belongings that are greatly esteemed.

Shame

A discomforting sensation of shame or upset stemming from an awareness of improper or silly actions.