Since GDP Includes Only the Additions to Income, Not Transfers

question 44

Multiple Choice

Since GDP includes only the additions to income, not transfers of assets, are not included in the computation of GDP.

• A)final goods used
• B)goods consumption
• C)goods
• D)goods produced for inventory

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Definitions:

Affect Heuristic

A mental shortcut that influences the way people make decisions based on their emotions and feelings.

Loss Aversion

A behavioral finance concept that describes the tendency for people to prefer avoiding losses to acquiring equivalent gains.

Financial Markets

Platforms or environments where buyers and sellers trade financial securities, commodities, and other fungible items of value.

Behavioral Finance

Behavioral Finance studies how psychological influences and biases affect the financial behaviors of investors and financial practitioners.