The Approach to GDP That Sums Compensation of Employees, Rental

question 304

Multiple Choice

The approach to GDP that sums compensation of employees, rental income, corporate profits, net interest, proprietors' income, depreciation, and indirect taxes and subtracts subsidies is the

• A) opportunity cost approach.
• B) expenditure approach.
• C) added cost approach.
• D) income approach.

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Definitions:

Sigmund Freud

An Austrian neurologist who founded the discipline of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Personality Systems

The organized set of personality traits and mechanisms within the individual that are influenced by and interact with the external environment.

Snuggle

To lie or press closely, often for warmth or affection, creating a sense of comfort and intimacy.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.