From the Following List, Choose the Item That Would Be

question 49

Multiple Choice

From the following list, choose the item that would be included in a current measure of GDP.

• A)the purchase of a previously owned house that was built last year
• B)a social security cheque for $500
• C)the purchase of 10 litres of gasoline for your car
• D)a $2,000 cheque from your Aunt Grace
• E)income from the sale of your Canadian Snowfun stocks

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Definitions:

Patent

An exclusive right granted for an invention, which allows the patent holder to exclude others from making, using, or selling the invention for a limited period.

Host Country Governments

National governments of the countries in which multinational corporations operate, often involved in regulating and interacting with foreign businesses.

Local Control

The autonomy granted to local authorities or units within an organization to make decisions and manage affairs independently.

Foreign Country Control

The influence or governance by a foreign power over another country's decisions or policies, often in economic contexts.