When a Refrigerator Worth $1,000 Is Produced and Sold,its Contribution

question 79

Multiple Choice

When a refrigerator worth $1,000 is produced and sold,its contribution to the GDP is measured on the expenditure side by its sale price and on the income side by

• A)the wages earned by the workers in the firm that produced it
• B)the wages earned by the workers and the profits earned by the owners of the firm that produced it
• C)wages,interest,and rent paid by the firm's owners to those who contributed to making the refrigerator
• D)wages,interest,and rent paid by the firm's owners to those who contributed to making the refrigerator,less taxes
• E)wages,interest,and rent paid by the firm's owners,plus the profit they kept for themselves

---

Definitions:

Reciprocal Determinism

A concept in psychology proposing that a person's behavior is influenced by and influences both their environment and personal characteristics.

Behavior

The actions or reactions of an object or organism, usually in relation to its environment.

Humanistic Approach

An approach to psychology emphasizing a person’s positive qualities, the capacity for positive growth, and the freedom to choose any destiny.

Personality

The blend of traits and attributes that create a person's unique personality.