Which of the Following Will Result in an Increase in Measured

question 24

Multiple Choice

Which of the following will result in an increase in measured GDP

• A) Buying a second hand car
• B) Spending a month making a computer out of spare parts you had of old computers
• C) Spending all day tidying up your house so you will get a better price for it when potential buyers visit
• D) Giving up cooking for yourself and going out to eat every evening
• E) all of the above

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Definitions:

Self-Interest

Self-Interest describes actions or decisions motivated by personal gain, often without regard for others.

Moral Result

The outcome or impact of an action or decision judged according to ethical principles and moral values.

Utilitarianism

An ethical theory that promotes actions that maximize happiness and well-being for the majority of a population.

Laissez Faire

An economic philosophy advocating minimal governmental intervention in the market and the private sector.