The Components of the Expenditure Method of Measuring GDP Include

question 78

Multiple Choice

The components of the expenditure method of measuring GDP include all of the following except:

• A)net exports.
• B)changes in stocks of inventories.
• C)government purchases.
• D)unpaid household work.

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Definitions:

Cohesiveness

Refers to the strength of bonds between members of a group or team, enhancing unity and commitment towards common goals.

Groupthink

A mental occurrence happening among individuals in a group, where the preference for unity or agreement leads to unwise or ineffective outcomes in decisions.

Evaluative Comments

Feedback or remarks aimed at assessing the quality, effectiveness, or value of something, often used for improvement or decision-making purposes.

Structured Meeting

A meeting organized and conducted in a systematic manner, with a clearly defined agenda, objectives, and expected outcomes to ensure productivity and efficiency.