Which One of the Following Would Be Included in the Calculation

question 53

Multiple Choice

Which one of the following would be included in the calculation of GDP by the expenditure approach?

• A)the cost of new kitchen cupboards when you renovate your house
• B)the income you pay to your gardener
• C)the purchase of 20 shares of a new issue of IBM stock
• D)the purchase of an eighteenth century work of art
• E)the value of your brother's services when he mows the lawn for the family

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Definitions:

Analgesics

Medicinal drugs used to relieve pain without causing anesthesia; also known as painkillers.

Behavioral View

An approach to psychology that focuses on observable behaviors and the ways in which they're learned from the environment.

Token Economies

A behavioral modification technique that uses tokens as a form of reinforcement for desired behaviors, which can later be exchanged for privileges or rewards.

Delusional Statements

Assertions that are firmly maintained despite being contradicted by what is generally accepted as reality.