Which of the Following Transactions Would Be Included in GDP

question 33

Multiple Choice

Which of the following transactions would be included in GDP?

• A) Mary buys a used book for $5 at a garage sale.
• B) Nick buys $5,000 worth of stock in Microsoft.
• C) Olivia receives a tax refund of $500.
• D) Peter buys a newly constructed house.

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Definitions:

Management Styles

The varied approaches leaders use to interact with employees, make decisions, and direct operations within an organization.

Goal Incompatibility

The situation where the objectives of different individuals or groups are at odds, leading to potential conflict.

Mergers and Acquisitions

Business activities in which companies are combined or purchased to expand influence and growth.

Task Interdependence

A concept in organizational behavior that describes the extent to which tasks within an organization are interconnected, impacting the degree of coordination and collaboration required among employees.