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When calculating GDP from the expenditure side, how do net exports enter the equation?
Ethnomethodology
A sociological approach that studies the way people make sense of their everyday world, emphasizing the methods and practices individuals use to constitute their social realities.
Rational Choice Theory
A framework for understanding and modeling social and economic behavior based on the assumption that individuals act rationally, making decisions to maximize their personal benefit.
Brym And Lie
Authors known for their contributions to the field of sociology, often referenced for their work in textbooks and academic research.
Exchange Theory
A sociological and psychological theory that analyzes social interactions as transactions where individuals seek to maximize rewards while minimizing costs.
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