Which of the Following Is a Problem Associated with Gross

question 63

Multiple Choice

Which of the following is a problem associated with gross domestic product (GDP) as a measure of social welfare?

• A)It includes many nonmarket activities.
• B)It takes into account the value of only those goods which are widely used.
• C)It takes into account the cost of environmental damage caused by pollution.
• D)It includes intermediate goods as a separate entry.
• E)It excludes the value of leisure time.

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Definitions:

Aversive Stimuli

An unpleasant or harmful object, event, or situation that causes a decrease in the behavior it follows.

Behavior Modification

A technique aimed at changing behavior through systemic reinforcement or punishment.

Extinguish Misbehavior

The process of using behavioral modification techniques to reduce or eliminate undesired behaviors by removing the reinforcement that maintains the behavior.

Systematic Desensitization

A therapeutic technique used to gradually reduce phobia or anxiety through controlled exposure to the feared object or situation in conjunction with relaxation exercises.