GDP Is Equal To

question 291

Multiple Choice

GDP is equal to:

• A) consumption + investment - net exports.
• B) consumption + investment + wages + profits.
• C) consumption + investment + government spending - net exports.
• D) consumption + investment + government spending + net exports.

---

Definitions:

Lack Of Response

A situation where there is no reaction or feedback to a stimulus or action.

Critical Evaluation

The systematic process of assessing the merits, faults, value, or significance of something, based on criteria and reasoned arguments.

Majority Rule

A decision-making principle where the option that receives more than half of the votes is selected or agreed upon.

Formal Voting

A structured method of making decisions where members of a group cast votes according to established procedures, often used to achieve consensus or majority.