Which of the Following Are Included in Gross Domestic Product

question 74

Multiple Choice

Which of the following are included in gross domestic product for an economy in a given year?

• A)the value of intermediate goods produced in that year
• B)the value of used goods sold in that year
• C)the value of final goods produced in that year
• D)All of the above would be included in gross domestic product for an economy in a given year.

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Definitions:

Physiological Arousal

Physical responses of the body to emotional stimuli, such as increased heart rate, sweating, or rapid breathing.

Generalized Anxiety

A chronic condition characterized by excessive, uncontrollable worry about everyday things across various situations.

Irrational Assumptions

Beliefs that are based on incorrect reasoning or understanding, often leading to negative consequences or behaviors.

Conditions Of Worth

In humanistic psychology, these are external standards that one believes one must meet to earn respect and love from others.