Double Counting Would Occur If

question 189

Multiple Choice

Double counting would occur if:

• A)GDP were calculated by adding C, I, G, and NX.
• B)used goods were included in the GDP calculation.
• C)imports were subtracted from GDP.
• D)inventories were added to the GDP calculation.

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Definitions:

Stereotyping

The act of assigning a set of characteristics to all members of a group, often based on limited or inaccurate information.

Jigsaw Classroom

An educational approach designed to minimize competition and foster cooperative learning among students by dividing assignments into segments, making each student responsible for sharing a piece of the task.

Compete

The act of participating in an event or activity with the aim of winning or achieving superiority over others.

Top Award

A top award is the highest honor or recognition given in a competition, field, or industry.