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Which One of the Following Is Not a Component of GDP

question 136

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Which one of the following is not a component of GDP, as measured using the expenditure approach?


Definitions:

Context Factor

Elements within the environment or situation that can influence the outcome or behavior of people involved.

Team Effectiveness

The degree to which a team achieves its objectives, efficiently utilizes its resources, and maintains the well-being of its members.

Technology

The usage of science-based knowledge to achieve practical outcomes, especially within industrial contexts.

Formal Rules

Are established regulations and procedures that govern organizational and group behavior.

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