Changes in Any of the Following Variables Contribute to Changes

question 19

Multiple Choice

Changes in any of the following variables contribute to changes in GDP. Which one typically changes most over short periods of time?

• A)the labour- force participation rate
• B)the number of workers who are available to work and the output produced per worker
• C)the number of workers who are available to work
• D)the number of employed workers as a portion of the number of workers available to work
• E)the output produced per worker

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Definitions:

Marketing Mix Elements

Components of marketing strategy, traditionally identified as product, price, place, and promotion, used to meet the needs of a target market.

Environmental Forces

External factors and influences that affect an organization's performance and strategies, including technological, regulatory, and competitive elements.

Target Market

A distinct category of consumers intended by an organization to receive its products and services.

Points of Difference

Unique features or benefits of a product or service that set it apart from its competitors in the eyes of customers.