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:

Irregular Coast

A coastline that has a complex shape, often characterized by numerous bays, peninsulas, and inlets.

Submarine Canyons

Steep-sided valleys cut into the seabed of the continental slope, sometimes extending well onto the continental shelf.

Shoreline Hazards

Risks associated with the coastal areas, including erosion, flooding, and storms, impacting ecosystems and human settlements.

Erosion

The process by which natural forces like water, wind, ice, and gravity remove and transport soil and rock materials from one location to another.