GDP Can Be Found Either by Adding Up All of the _____

question 158

Multiple Choice

GDP can be found either by adding up all of the _____ or all of the _____ in the economy.

• A) spending; taxes
• B) spending; income
• C) investment; income
• D) net interest payments; taxes

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Definitions:

Mechanistic Organizational Structure

An organization design that is hierarchical and bureaucratic, characterized by clear, rigid departmentalization, centralized decision making, and a strict chain of command.

Divisionalized Structure

An organizational form where operations are segregated based on products, markets, or geography, allowing for a degree of autonomy and specialization.

Formal Hierarchy

A structured organization where individuals have specific positions, responsibilities, and levels of authority delineated in a clear manner.

Coordinating Mechanism

Methods or systems used within organizations to align activities, tasks, and personnel to achieve common objectives seamlessly and efficiently.