The Carters' Oldest Son Attends Big State University

question 219

Multiple Choice

The Carters' oldest son attends Big State University. He and his parents pay all his fees and tuition. These payments count in GDP as

• A)investment.
• B)government spending.
• C)consumption of services.
• D)consumption of durable goods.

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Definitions:

Temporal Relationships

The sequential or chronological order in which events occur or are related to one another.

PERT Chart

A tool for managing projects that helps plan, arrange, and oversee tasks involved in a project.

Defining Project Objectives

The process of identifying and establishing clear, measurable, and achievable goals at the beginning of a project.

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.