Which of the Following Transactions Is Not Included in GDP

question 33

Multiple Choice

Which of the following transactions is not included in GDP?

• A)Someone sells drugs in a vacant lot.
• B)Someone sells drugs in a pharmacy.
• C)A doctor treats a patient for drug addiction.
• D)A drug addict spends two months in a drug rehabilitation center.
• E)The drug addict buys cough medicine.

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Definitions:

Thinking

The process of considering or reasoning about something.

Decision Trap

A situation in decision-making where biases, poor information, or pressure leads to a significant or systematic error.

Framing Error

A cognitive bias in decision-making that occurs when information is presented in a way that influences an individual's interpretation or decision.

Escalation Of Commitment

This refers to the phenomenon where individuals or organizations continue to invest time, money, or resources into a failing course of action due to the substantial resources already invested, rather than altering or abandoning the course.