Which of the Following Is NOT Included in the Income

question 42

Multiple Choice

Which of the following is NOT included in the income approach to calculating GDP?

• A)interest
• B)wages
• C)net exports of goods and services
• D)profits
• E)rent

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Definitions:

Autonomy

The state or condition of having independence or freedom, or the right to self-govern.

Affiliation

The connection or association between individuals or organizations, often formed for mutual benefit or to achieve a common goal.

Self-determination Theory

A theory of motivation that emphasizes the role of intrinsic motivation in driving human behavior and the importance of psychological needs for competence, autonomy, and relatedness.

Competence

The ability to do something successfully or efficiently, typically gained through experience or training.