In Calculating Canadian GDP, Imports Are Subtracted from Aggregate Spending

question 118

True/False

In calculating Canadian GDP, imports are subtracted from aggregate spending because these products and services are produced in other countries.

---

Definitions:

Equity Theory

A theory of motivation that suggests individuals assess their own input-to-outcome ratios in comparison to others as a measure of fairness in relationships or work situations.

Content Theory

A theory that focuses on identifying and understanding the specific needs that motivate individuals to act in various ways.

J. Stacy Adams

Is known for developing the Equity Theory of motivation, which explains how individuals assess their job satisfaction and motivation through perceived fairness in the workplace.

Positive Inequity

A situation where an individual perceives they are receiving more than they believe they should in comparison to others, leading to a sense of unfair advantage.