To Avoid Multiple Counting in National Income Accounts

question 55

Multiple Choice

To avoid multiple counting in national income accounts,

• A)only final goods and services should be counted.
• B)intermediate goods and services should be counted.
• C)both final and intermediate goods and services should be counted.
• D)primary, intermediate, and final goods and services should be counted.

---

Definitions:

Professional Standards

Guidelines and criteria set by professional bodies that dictate the ethical and professional behavior and responsibilities of its members.

Discomfort

A mild state of physical or mental pain, unease, or distress.

APA's Code of Ethics

The American Psychological Association's guidelines designed to set professional standards for psychologists and protect the well-being of the public.

Informed Consent

Informed Consent is a process in healthcare and research whereby a patient or participant is given full information about a procedure or study, understanding the risks and benefits before agreeing to participate.