In 2010, Janice Quinn Sells a Five-Year-Old Car to Used

question 78

Multiple Choice

In 2010, Janice Quinn sells a five-year-old car to Used Car, Inc. for $3,000. In the same year, Used Car, Inc. resells the car to Hilda Quinn Goner for $3,500. What is the contribution of these transactions to GDP in the year 2010?

• A) $0
• B) $500
• C) $3,000
• D) $6,500

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Definitions:

Sibling Rivalry

Competition, jealousy, and conflict between siblings, which can range from mild to severe and impact family dynamics.

Superiority Complex

A psychological defense mechanism in which a person's feelings of superiority mask their feelings of inferiority.

Cognitive Simplicity

A cognitive style or way of construing the environment characterized by a relative inability to perceive differences among people.

Conditional Positive Regard

Approval, love, or acceptance granted only when a person expresses desirable behaviors and attitudes.