The Carters' Oldest Son Attends Big State University

question 219

Multiple Choice

The Carters' oldest son attends Big State University. He and his parents pay all his fees and tuition. These payments count in GDP as

• A)investment.
• B)government spending.
• C)consumption of services.
• D)consumption of durable goods.

---

Definitions:

External-unstable Factor

refers to outside influences that can affect behavior or outcomes but are inconsistent and unpredictable, such as luck or chance.

Pessimistic Explanatory

A cognitive style where individuals habitually attribute negative events to stable, global, and internal causes.

Internal

Pertaining to or occurring within an individual’s mind or self.

Internal Causes

denotes reasons or factors within an individual, such as personal beliefs or emotions, that can influence their behavior or attitude.