Which of the Following Would NOT Be Included in This

question 173

Multiple Choice

Which of the following would NOT be included in this year's GDP?

• A)The purchase of 100 shares of Microsoft stock
• B)The replacement of a muffler on a 1978 Chevy
• C)The commission charged by a real estate agent
• D)The services of a hair stylist
• E)The tuition fee for a course in economics

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Definitions:

Reasoning

Cognitive process(es) used in transforming given information, called premises, into conclusions. Reasoning is often seen as a special kind of thinking.

Content Effects

The impact that the subject matter has on the processing and outcome of cognitive tasks.

Formal Reasoning

Reasoning about problems with explicit premises, finite solutions, and well-defined operations.

Americans

Residents or citizens of the United States, often referring to their culture, society, or characteristics.