Which of the Following Transactions Adds to U

question 47

Multiple Choice

Which of the following transactions adds to U.S.GDP for 2015?

• A)In 2015,Ann sells a car that she bought in 2011 to Bill for $7,000.
• B)An American management consultant works in Canada during the summer of 2015 and earns the equivalent of $40,000 during that time.
• C)When Ken and Kim were both single,they lived in separate apartments and each paid $800 in rent.Ken and Kim got married in 2015 and they bought a previously unoccupied house that,according to reliable estimates,could be rented for $1,700 per month.
• D)None of the above transactions adds to U.S.GDP for 2015.

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Definitions:

Senate Races

The electoral contests for positions in the Senate, the upper chamber of the legislative branch in various countries, including the United States.

Predictive Validity

The degree to which a test accurately predicts future performance or behaviors that it is designed to predict.

Interjudge Agreement

The degree of alignment or consensus in the assessments or decisions made by different observers or judges.

Internal Consistency

A measure of the reliability of a psychological test or survey, based on the correlation between responses to items within the test.