Which of the Following Goods Is Directly Counted in GDP

question 15

Multiple Choice

Which of the following goods is directly counted in GDP?

• A)the lettuce that Subway purchases for its sandwiches
• B)the bread that Subway purchases for its sandwiches
• C)a 12-inch Subway sandwich purchased by a student
• D)the plastic bags that Subway purchases to wrap its sandwiches

Explain the concepts of equity, expectancy, and acquired needs theories as they relate to motivation.

Understand the characteristics and preferences of individuals based on their dominant needs according to acquired needs theory.

Grasp the concept of ERG theory and how it compares to Maslow's hierarchy.

Comprehend the distinction between hygiene factors and motivational factors in Herzberg's two-factor theory.

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Definitions:

Lewis Terman

An American psychologist best known for his revision of the Stanford-Binet Intelligence Scales and research on gifted children.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it.

Formal Knowledge

Pertains to information or skills acquired through structured learning or education systems.

Explicit Knowledge

Knowledge that is well documented, easily articulated, and shared, including facts, procedures, and information that can be easily communicated to others.