The Components of GDP Using the Income Method (Excluding Indirect

question 47

Multiple Choice

The components of GDP using the income method (excluding indirect business taxes and depreciation) are

• A) consumption expenditures, investment expenditures, and government expenditures.
• B) consumption expenditures, investment expenditures, government expenditures, and net exports.
• C) wages and interest.
• D) wages, interest, rents, and profits.

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Definitions:

Size Constancy

A perceptual process by which humans perceive objects as having a constant size, despite changes in the distance from which we view them.

Retinal Disparity

The slight difference in the images projected on the two retinas, which contributes to depth perception in binocular vision.

Stereopsis

The perception of depth and three-dimensional structure obtained on the basis of visual information deriving from two eyes by individuals with normally developed binocular vision.

Figure-Ground

A perceptual principle referring to the organization of visual elements into foreground figures that stand out against a background.