As a Measure of Canadian Economic Activity GDP Is to GNP

question 22

Multiple Choice

As a measure of Canadian economic activity GDP is to GNP. As a measure of the income accruing to Canadian residents, GDP is to GNP.

• A)equivalent ; inferior
• B)superior ; equivalent
• C)inferior ; equivalent
• D)inferior ; superior
• E)superior ; inferior

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Definitions:

Product Effectiveness

The degree to which a product successfully meets the intended purpose or satisfies customer needs and expectations.

Business Friendship

The relationship formed between a salesperson and client that revolves around business-related issues.

Personal Friendship

A relationship between individuals based on mutual affection, trust, and support, not determined by professional or business interactions.

Own Needs

The personal requirements or desires that drive an individual's purchasing decisions or actions.