Which contributes more when measuring GDP, a new diamond necklace purchased by a wealthy person or a soda purchased by a thirsty person? Why?
a. The new diamond necklace purchased by a wealthy person contributes more to GDP because it represents a larger monetary value and is seen as a luxury item.

b. The soda purchased by a thirsty person contributes more to GDP because it represents a transaction that fulfills a basic human need and is more indicative of widespread economic activity.

c. Both the diamond necklace and the soda contribute equally to GDP as they represent different types of consumer spending and both contribute to overall economic growth.

d. The impact on GDP of the diamond necklace and the soda depends on the context of the overall economy and consumer spending patterns at that particular time.