Which of the Following Factors That Affect Our Well-Being Does

question 4

Multiple Choice

Which of the following factors that affect our well-being does GDP fail to adequately account for?

• A)​changes in the quality of goods
• B)​externalities
• C)leisure
• D)​all of the above

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Definitions:

Extrinsic Rewards

Rewards that come from outside an individual, such as money, praise, or awards, which motivate behavior.

Self-Efficacy

A person’s belief that he or she is capable of producing desired results, such as mastering new skills and reaching goals.

Performance Goals

Objectives aimed at demonstrating competence or achieving a specific standard of excellence in a task.

Approach Goals

Objectives that focus on achieving a positive outcome or moving towards a desirable object or event.