Suppose a DVR Is Bought from China for $200 and Sold

question 154

Multiple Choice

Suppose a DVR is bought from China for $200 and sold in the US for $250. GDP will count this

• A)as nothing.
• B)as a net of $50 ($250 sale minus $200 import).
• C)as $200.
• D)as $250.

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Definitions:

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, often improving on simple or well-rehearsed tasks.

Unit Bias

The cognitive bias that leads individuals to perceive a unit of a particular size as a socially acceptable amount to consume or use.

Ecology of Eating

The intersection of eating behaviors with environmental and societal factors, including food availability and cultural norms.

Ecology of Eating

The study of how the environment and ecological factors influence eating habits and food choices, including cultural, social, and physical aspects.