Which of the Following Represents the Largest Share of U

question 103

Multiple Choice

Which of the following represents the largest share of U.S.gross domestic product (GDP) ?

• A) services
• B) agricultural production
• C) the production of manufactured goods
• D) the production of physical goods
• E) the production of capital goods

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Definitions:

Insourcing

The practice of performing business functions or operations internally, rather than outsourcing them to external vendors.

Outsourcing

The practice of hiring third parties to perform services or produce goods that were previously handled internally by the company's own staff.

Online Catalog

A digital platform that displays products or services offered by a company, allowing customers to browse, search, and sometimes purchase items directly over the internet.

Digitized Version

A digital format of a document, image, sound, video, or any other type of content that has been converted from its original physical or analog medium for easier access, storage, and sharing.