Which of the Following Will Be Excluded from the Measurement

question 22

Multiple Choice

Which of the following will be excluded from the measurement of gross domestic product (GDP) ?

• A)The market value of automobiles purchased by the federal government
• B)The market value of California wine purchased by a Canadian firm
• C)The payment of employees' medical insurance
• D)The market value of computers purchased by state governments
• E)The market value of transactions in the underground economy

Apply basic principles of capitalization correctly.

Follow standards for the use of numbers in writing.

Recognize and correct misuse of words.

Identify and correct spelling errors in English sentences.

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Definitions:

Support for Creativity

The encouragement and facilitation of innovative thinking and original ideas within an organization or community.

Innovation Process

The sequence of activities that an individual or organization undertakes to conceive, develop, and implement new ideas or products.

Heuristics

Mental shortcuts or rules of thumb that allow individuals to make decisions quickly and efficiently, but sometimes at the cost of accuracy.

Group

A number of individuals or things considered together because of similarities or a common purpose.