A Genuine Progress Indicator (GPI)attempts To

question 75

Multiple Choice

A genuine progress indicator (GPI) attempts to:

• A)adjust GDP so that it more accurately measures changes in economic activity.
• B)develop a new measure that focuses entirely on noneconomic activity.
• C)not incorporate any measure of economic activity.
• D)adjust GDP so that it reflects more than just the level of economic activity.

---

Definitions:

Wholesaler

A person or company that sells goods in large quantities at low prices to retailers, rather than selling them directly to consumers.

Intermediaries

Entities that facilitate transactions or interactions between two or more parties in a supply chain, often involved in the distribution, wholesaling, and retailing of goods.

Retailers

Businesses or individuals that sell goods directly to consumers, acting as the final link in the supply chain from manufacturers to consumers.

Retailer

A business that sells products directly to consumers, offering products from one or several suppliers for sale to the end-user.