GDP Is Equal to

question 34

Multiple Choice

GDP is equal to

• A)the market value of all final goods and services produced within a country in a given period of time.
• B)Y.
• C)C + I + G + NX.
• D)All of the above are correct.

---

Definitions:

LPC

Least Preferred Coworker scale, a tool used in Fiedler's Contingency Theory to measure a leader's task or relationship orientation.

Leadership

The act or ability of leading a group towards achieving a common goal, often involving inspiring and guiding others.

Low LPC Leader

A leadership style characterized by a primary focus on completing tasks and obtaining results over building relationships, according to the Least Preferred Coworker (LPC) theory.

Participative Leadership

A leadership style wherein the leader includes team members in the decision-making process, ensuring their opinions and suggestions are considered.