Which of the Following Correctly States the Relationship Between GDP

question 169

Multiple Choice

Which of the following correctly states the relationship between GDP and GNP for the U.S.?

• A) GDP equals GNP minus the net income of foreigners.
• B) GDP equals GNP plus the net income of foreigners.
• C) GDP equals GNP minus indirect business taxes.
• D) GDP equals GNP.

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Definitions:

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-efficacy, and psychological health.

Fully Functioning

Refers to an individual who is living their life to its fullest potential, often associated with Carl Rogers' conception of self-actualization.

Personal Relationships

Connections or bonds between individuals based on factors such as love, friendship, kinship, or professional interactions.