What Is Subtracted from GDP to Calculate Net Domestic Product

question 113

Multiple Choice

What is subtracted from GDP to calculate net domestic product (NDP) ?

• A) Indirect sales taxes
• B) Transfer payments
• C) Depreciation
• D) Good and services produced overseas

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Definitions:

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, and praise.

Intrinsic Motivation

Intrinsic Motivation is the internal drive to engage in activities for their own sake, for the pleasure and satisfaction derived from participation, rather than for some separable consequence.

Mastery Goal

An orientation towards learning, where the focus is on gaining new knowledge or mastering a new skill, rather than on demonstrating superior performance compared to others.

Psychological Needs

Fundamental human requirements that are essential for mental well-being, such as the need for love, esteem, and self-actualization.