Which of the Following Statements Is True

question 99

Multiple Choice

Which of the following statements is true?

• A) A country's GDP includes all output produced by its factors of production.
• B) A country's GDP includes all output produced within its borders.
• C) A country's GDP is equal to its exports minus its imports.
• D) A country's GDP is equal to all output produced and consumed within its borders.

---

Definitions:

Organized Knowledge

Systematically arranged and structured information that is accessible and understandable.

Classical Conditioning

An educational method where connections are made between stimuli in the environment and those that occur naturally.

Needs

Fundamental requirements or necessities for individuals to survive and thrive, including physical, emotional, and psychological aspects.

Values

Core beliefs or principles that guide behavior and decision-making, influencing an individual's or organization's actions and priorities.