Which of the Following Statements Does NOT Describe an Adjustment

question 285

Multiple Choice

Which of the following statements does NOT describe an adjustment to national income to obtain GDP?

• A) Net exports are added to national income.
• B) A capital consumption allowance is added to national income.
• C) Income payments from the rest of the world are added to national income.
• D) Payments U.S. corporations and residents send to foreign residents are subtracted from national income.

---

Definitions:

Human Capital

The knowledge, skills, and abilities possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Management Practices

The strategies, methods, and techniques used by managers to perform their functions of planning, organizing, leading, and controlling within an organization.

Human Resource Management

The strategic approach to the effective management of an organization's workers so that they help the business gain a competitive advantage.

Human Resources

The department within an organization that is responsible for managing recruitment, hiring, employee relations, benefits, training, and compliance with labor laws.