Which Item Would NOT Be a Part of GDP

question 193

Multiple Choice

Which item would NOT be a part of GDP?

• A) used car sales
• B) new residential construction
• C) a new truck purchased by a building contractor
• D) cable TV service purchased for a home

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Definitions:

Capacity

Capacity refers to the maximum level of output that a company can sustain to produce a product or service, considering available resources.

Inventory

The goods and materials that a business holds for the ultimate goal of resale, production, or utilization.

Network Design Decisions

Strategic choices regarding the configuration and management of a supply chain network, including the location of facilities and the flow of goods.

Capacity Allocation

The process of distributing available resources or production capabilities among various tasks, projects, or departments to optimize efficiency.