The Gross Domestic Product of a Nation

question 41

Multiple Choice

The gross domestic product of a nation:

• A) is a flow variable.
• B) is a stock variable.
• C) could either be a flow variable or a stock variable depending on the time period considered.
• D) could either be a flow variable or a stock variable depending on the share of personal consumption.

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Definitions:

Elaboration Likelihood Model

A theory in social psychology that explains how the likelihood of elaboration, or the extent to which a person carefully processes a persuasive message, influences attitude change.

Reactance

A psychological phenomenon where individuals react against restrictions on their personal freedoms by showing opposition or doing the opposite of what is being imposed.

Theory of Planned Behavior

A psychological theory that posits intention toward behavior, subjective norms, and perceived behavioral control, together shape an individual's behavioral intentions and behaviors.

Theory of Planned Behavior

A psychological theory proposing that an individual's intention to engage in a behavior is influenced by attitudes towards the behavior, subjective norms, and perceived behavioral control.