Suppose That GDP Was $200 Billion in Year 1 and That

question 111

Multiple Choice

Suppose that GDP was $200 billion in year 1 and that all other components of expenditures remained the same in year 2 except that business inventories fell by $10 billion. GDP in year 2 is

• A) $180 billion.
• B) $190 billion.
• C) $200 billion.
• D) $210 billion.

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Definitions:

Training Programs

Structured educational initiatives designed to enhance individuals' skills and knowledge for personal development or career advancement.

Multiculturalism

A policy or perspective that recognizes, appreciates, and promotes cultural diversity within a society or organization.

OB (Organizational Behavior)

The study of how people interact within groups in a work environment, its impact on organizational structure, culture, and output.

Management Function

The process of planning, organizing, leading, and controlling resources to achieve organizational goals efficiently and effectively.