GDP Can Be Computed as the Sum of

question 11

Multiple Choice

GDP can be computed as the sum of

• A)all sales that have taken place in an economy over a period of time.
• B)the total expenditures of consumers and business over a period of time.
• C)the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.
• D)the total expenditures of consumption, investment and government expenditure on goods and services over a period of time.

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Definitions:

Financial

Pertaining to money management and the process of acquiring, saving, investing, and spending funds.

Older Parents

Individuals who become parents at a later age, often considered to be over the age of 35 for biological parenting.

Positive Parenting Behaviors

Parenting practices that are supportive, encouraging, and responsive to children's needs, promoting their emotional, social, and cognitive development.

Cognitive Development

The process of growth and change in intellectual capabilities that occurs as a person ages, including thinking, problem-solving, and decision-making abilities.