Consider Two Items That Might Be Included in GDP: (1)The

question 201

Multiple Choice

Consider two items that might be included in GDP: (1) The estimated rental value of owner-occupied housing;and (2) purchases of newly-constructed homes.How are these two items accounted for when GDP is calculated?

• A)Both item (1) and item (2) are included in the consumption component of GDP.
• B)Item (1) is included in the consumption component, while item (2) is included in the investment component.
• C)Item (1) is included in the investment component, while item (2) is included in the consumption component.
• D)Only item (2) is included in GDP and it is included in the investment component.

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Definitions:

Motivational Interviewing

A counseling approach that helps individuals find the motivation to make positive decisions and accomplish established goals through guided conversation and questioning.

Accurate Empathy

The ability to understand and share the feelings of another with precision and sensitivity.

Person-centered

An approach in therapy and care that emphasizes the importance of seeing the individual's perspective and placing them at the center of the therapy process.

Cognitive Behavioral

Pertaining to a therapy approach that addresses dysfunctional emotions, behaviors, and thought through a goal-oriented process.