Which of the Following Purchases Would Be Counted as a Final

question 35

Multiple Choice

Which of the following purchases would be counted as a final good in the GDP calculation?

• A) A family's purchase of a used car.
• B) A speculator's purchase of 100 shares of News Corp. stock.
• C) A deli's purchase of bread for making its sandwiches.
• D) A business's purchase of new office equipment.

Recognize the significance of the biological perspective in modern psychology.

Understand the major perspectives in psychology and their central tenets.

Recognize the relevance of the humanistic perspective in psychology.

Learn about the concept and importance of positive psychology.

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Definitions:

Personality Model

A theoretical framework used to describe, understand, and predict an individual's characteristic patterns of thoughts, emotions, and behaviors.

Behavioral Attributes

Characteristics or qualities of an individual's actions or conduct.

Wealthy Relative

A family member who possesses considerable financial resources or wealth.

Life-Transition Event

Significant life changes that require a person to adapt, which can include events like marriage, retirement, or loss of a loved one.