The Simplest Way to Calculate GDP Is to Sum the Total

question 29

True/False

The simplest way to calculate GDP is to sum the total sales of all business firms.

---

Definitions:

Incidence Rate

A measure of the frequency at which new cases of a disease or condition occur in a population over a specified period.

Asbestos Exposure

Refers to the condition of being in contact with asbestos, a group of naturally occurring fibrous minerals, which is a known risk factor for several diseases, including mesothelioma and lung cancer.

Additive Scale

A scale where the total effect of combining two or more variables is simply the sum of their individual effects.

Standardized Mortality Ratios

A ratio of the observed to the expected number of deaths in a study population, used to compare the mortality risk of the study population to that of a standard population.