Which of the Following Accounts for the Largest Percentage of Output

question 12

Multiple Choice

Which of the following accounts for the largest percentage of output in the United States?

• A)The government
• B)Business firms
• C)Households
• D)Banks
• E)The rest of the world

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Definitions:

Ethical Responsibilities

Obligations to act in a morally sound way, considering the well-being of others and the environment in decision-making processes.

Discretionary Actions

Actions based on individual judgment or choice rather than set standards, often pertaining to corporate or governmental decision-making.

Social Responsibility

The obligation of individuals, organizations, and businesses to act in a way that benefits society at large, beyond their own interests.

Proactive Strategy

A corporate social responsibility strategy that actively pursues social responsibility by taking discretionary actions to make things better in the future.