The Patersons Bought a Home That Was Newly Constructed in 2007

question 8

Multiple Choice

The Patersons bought a home that was newly constructed in 2007 for $275,000.They sold the home in 2015 for $255,000.Which of the following statements is correct regarding the sale of the house?

• A)The 2015 sale increased 2015 GDP by $255,000 and had no effect on 2007 GDP.
• B)The 2015 sale reduced 2015 GDP by $20,000 and had no effect on 2007 GDP.
• C)The 2015 sale increased 2015 GDP by $255,000;and caused 2007 GDP to be revised downward by $20,000.
• D)The 2015 sale affected neither 2007 GDP nor 2015 GDP.

Differentiate between various forms of memory based on personal experiences and general knowledge.

Understand the concept of flashbulb memories and how significant events impact memory vividness.

Recognize the serial position effect (primacy and recency effects) in memory recall.

Identify factors influencing the accuracy of eyewitness testimony and the occurrence of false memories.

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Definitions:

National Security

The protection of a nation's citizens and interests against external threats and maintaining sovereignty.

Economy

The system of production, consumption, and trade, as well as the allocation of resources in a specific geographical area or globally.

Media in China

is heavily regulated by the government, with strict controls over what can be published, broadcast, and accessed by the public.

Government Controlled

Entities or activities that are regulated, operated, or overseen by government agencies or authorities.