Which of the Following Is True About GNP

question 52

Multiple Choice

Which of the following is true about GNP?

• A)includes profits earned by a Mercedes factory in Alabama
• B)excludes profits earned by General Electric in India
• C)measures the market value of all goods and services produced by resources supplied the home country's residents and firms, regardless of the location of the resource
• D)stands for Generally Nice Products
• E)used by countries to classify the World Bank

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Definitions:

Self-Determination

The process by which individuals control their own life, make their own choices, and pursue their genuine interests without undue external influence.

Extrinsic Rewards

Benefits or incentives provided by external sources, such as money, grades, or praise, which motivate behavior.

Intrinsic Motivation

The drive to engage in activities for their own sake, for the enjoyment or satisfaction derived directly from the activity itself, rather than for some separable consequence.

Job Characteristics Model

A framework suggesting that job satisfaction is influenced by five core dimensions: skill variety, task identity, task significance, autonomy, and feedback.