Which of the Following Is Not Correct

question 94

Multiple Choice

Which of the following is not correct?

• A)Gross domestic product is both total income in an economy and total expenditures on the economy's output of goods and services.
• B)In a closed economy net exports are zero.
• C)National saving is the sum of private saving and public saving.
• D)Purchases of capital goods are excluded from GDP.

---

Definitions:

Skills Approach

A perspective in leadership that emphasizes the importance of developing certain skills or competencies to be effective.

General Cognitive Ability

Refers to the overall mental capability involving reasoning, problem-solving, planning, abstract thinking, complex idea comprehension, and learning from experience.

Leadership Traits

Specific personality qualities, such as charisma, integrity, and decisiveness, that contribute to effective leadership.

Intelligence

The ability to learn, understand, and apply knowledge to solve problems and adapt to new situations.