Which of the Following Is a Way to Compute GDP

question 69

Multiple Choice

Which of the following is a way to compute GDP?

• A)add up the wages paid to all workers
• B)add up the quantities of all final goods and services
• C)add up the market values of all final goods and services
• D)add up the difference between the market values of all final goods and services and then subtract the costs of producing those goods and services

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Definitions:

Castrated

The action or practice of removing the testicles of a male animal or human, often leading to sterility and a decrease in certain hormone levels.

Penis Envy

A concept in Freudian psychoanalysis referring to a girl's sense of loss and jealousy over not having a penis.

Stubborn

Showing determination not to change one's attitude or position on something, especially in spite of good arguments or reasons to do so.

Superego

In psychoanalytic theory, a part of the personality composed of the moral standards and ideals acquired from parents and society, functioning to judge and restrict one’s impulses.