Which of the Following Transactions Would Increase GDP

question 59

Multiple Choice

Which of the following transactions would increase GDP?

• A) a new tricycle purchased at a department store sale by the parents of a three-year-old child
• B) the retirement check your uncle received for spending 25 years in the Marine Corps
• C) the five shares of Microsoft stock your grandparents gave you for making an A in economics
• D) the $200 you lost when your wallet was stolen

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Definitions:

Visual Merchandiser

A retail professional that develops layout plans and displays aimed at improving store sales by highlighting select items using visually appealing displays.

Assortment

The variety of products or services offered by a company or available in a market.

Supply Chain/Logistics Manager

A professional responsible for overseeing and managing a company's supply chain and logistics strategy and operations to maximize efficiency and productivity.

Retailing

All of the business activities involved in the sales of goods and services to an end consumer for their personal, family, or household use.