In Calculating GDP,economists

question 115

Multiple Choice

In calculating GDP,economists

• A)measure total expenditure as the only true measure.
• B)can measure either total expenditure or total income.
• C)measure total income as the only true measure.
• D)measure total income minus total expenditure.
• E)measure total income plus total expenditure.

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Definitions:

Implementer

An individual or entity responsible for executing or putting into action specific plans, strategies, or policies.

Followership Typologies

classifies the different ways individuals follow or support leaders, highlighting various modes of followership behaviour.

Submissive-compliant

A behavioral tendency to obey or yield to others without resistance, often seen in hierarchical or authoritative contexts.

Independent-assertive

Describes a personality style characterized by self-reliance and assertiveness in expressing one's opinions and needs.