An Economy Produces 500,000 Tables Valued at $100 Each

question 155

Multiple Choice

An economy produces 500,000 tables valued at $100 each.Households purchase 100,000 tables,of which 50,000 are imported.Businesses purchase 200,000 domestically-produced tables.The government purchases 100,000 domestically-produced tables,and 50,000 domestically-produced tables are sold abroad.The unsold tables at the end of the year are held in inventory by the table manufacturers.What is the value of GDP?

• A) $5 million.
• B) $40 million.
• C) $45 million.
• D) $50 million.
• E) $95 million.

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Definitions:

Negative Attributions

The tendency to explain people's behaviors in a way that assigns blame, focuses on faults, or assumes the worst intentions.

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Downward Social Comparison

A psychological process where individuals compare themselves to others who are perceived as worse off, often to feel better about their own situation.

Self-criticism

The act of pointing out one's own flaws and mistakes, often leading to negative self-evaluation.