Which of the Following Is a Good That Would Be

question 51

Multiple Choice

Which of the following is a good that would be counted as consumption in GDP?

• A) The Subway sandwich Tony ate for lunch
• B) The cake Tony baked at home and shared with his roommate
• C) The money Tony spent on the purchase of a used car
• D) Common stock that Tony purchased for his 401(k)

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Definitions:

Non-core Work

Tasks or activities that are not central to the primary business or mission of an organization but may still be necessary for operation.

Routine Activity

A concept from criminology that suggests violence and property crimes occur when there is a motivated offender, a suitable target, and a lack of capable guardianship.

Cost-effectiveness

A measure that compares the relative costs and outcomes of different courses of action or decisions.

Reliance on Technology

The dependence of individuals, organizations, or societies on technology for operations, communication, and efficiency.