Which One of the Following Statements About GDP Is True

question 105

Multiple Choice

Which one of the following statements about GDP is true?

• A) GDP can be calculated using the income approach.
• B) The value of household production is excluded from GDP.
• C) GDP can be calculated using the expenditures approach.
• D) all of the above.

---

Definitions:

Human Languages

Refers to the system of communication consisting of sounds, words, and grammar used by people to express thoughts and feelings.

Prefrontal Cortex

The region of the brain involved in decision making, social behavior, and personality expression.

Cerebellum

A part of the brain located at the back of the skull, responsible for coordinating and regulating muscular activity.

Medial Temporal Lobe

A region of the brain crucial for the formation and retrieval of memory.