What Is Not a Characteristic of a Brand

question 13

Multiple Choice

What is not a characteristic of a brand?

• A) To identify origin
• B) A strong jingle
• C) To communicate meaning
• D) To differentiate one firm from another

Identify what is included and excluded in the computation of GDP.

Understand the significance of macroeconomic statistics beyond GDP.

Recognize the difference between GDP and GNP.

Understand how GDP accounts for government, investment, consumption, and net exports.

---

Definitions:

Clearinghouse

An intermediary agency that facilitates the clearing and settling of financial transactions, often associated with exchanges and securities.

Profit

The earnings resulting when business activity revenues exceed the necessary expenses, costs, and taxes to maintain the activity.

Long Oil Futures Contract

An agreement to buy oil at a specified price on a specified future date, bet taken with the expectation that oil prices will rise.

Close Position

The act of selling or buying securities to offset an existing position, thereby ending the investor's exposure to that investment.