Double Counting Occurs When ________ Included in the Calculation of the GDP

question 96

Multiple Choice

Double counting occurs when ________ included in the calculation of the GDP.

• A) inputs are
• B) unsold inventories are
• C) depreciation is
• D) household production is

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Definitions:

VIE Theory

A psychological theory that suggests individual motivation is determined by the perceived valence, instrumentality, and expectancy of the outcome.

Instrumentality

In motivation theory, it refers to the perceived relationship between performing at a certain level and achieving a particular outcome.

Sales Clerk

An employee typically found in retail settings responsible for processing sales transactions, assisting customers, and managing inventory.

Incentives

Forms of motivation aimed to encourage people towards certain behaviors or actions by offering rewards.