In the Calculation of GDP, the Value of a New

question 14

Multiple Choice

In the calculation of GDP, the value of a new house constructed by a firm is included in:

• A) personal consumption expenditures.
• B) personal saving.
• C) the depreciation of capital.
• D) private investment.

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Definitions:

Self-handicapping

A cognitive strategy where individuals create obstacles and excuses for themselves to avoid blame in case of failure.

Procrastination

The action of delaying or postponing tasks or decisions, often leading to stress, anxiety, and lower performance.

Self-serving Strategies

Behaviors or attitudes adopted by individuals or groups that prioritize personal gain, often at the expense of others or ethical principles.

Self-serving Strategy

A cognitive or behavioral tactic intended to advance one’s own interest at the expense of others or disregard for others’ needs.