In Calculating GDP, All of the Following Are Excluded Except

question 83

Multiple Choice

In calculating GDP, all of the following are excluded except

• A)the value of intermediate goods.
• B)the value of all homes built in the year in question.
• C)the value of used goods.
• D)purchases of stocks and bonds.
• E)subsidies from the government.

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Definitions:

Internal Locus

Belief that one has control over their life events and outcomes, as opposed to external forces being responsible.

Emotion-Focused Coping

Strategies aimed at managing and reducing the emotional distress associated with a situation.

Faith Factor

The hypothesis that religious belief or spirituality can have positive effects on health and longevity.

External Locus

Refers to the belief that external forces or factors beyond one's control determine life's events.