The Amount of New Output Produced Per Year for Both

question 51

Multiple Choice

The amount of new output produced per year for both consumption and additions to capital stock is measured by

• A)GDP.
• B)net investment.
• C)NDP.
• D)net exports.

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Definitions:

Profit Sharing

A compensation strategy where employees receive additional payments based on the company's profitability, beyond their standard salaries or wages.

Social Responsibility

The idea that businesses should balance profit-making activities with activities that benefit society; encompasses everything from charity work to reducing carbon footprints.

Management Report Card

An evaluative tool or document that assesses and summarizes the effectiveness and performance of a company's management team.

Financial Statements

Documents detailing the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.