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Final Sales Plus Changes in Inventories Equals GDP

question 117

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Final sales plus changes in inventories equals GDP.


Definitions:

Difference Threshold

The minimal detectable difference between two stimuli required for detection that they are not the same, also known as the just noticeable difference (JND).

Separation Threshold

The minimum distance or difference between stimuli detectable by the sensory system.

Response Threshold

It is the minimal amount of stimulus intensity required for a neuron to fire a response or for a specific response criterion to be met in behavior.

Psychophysics

The scientific study of the relationship between stimuli (which are physical) and the sensations and perceptions they produce in the observer.

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