Marks Become Generic When

question 346

Multiple Choice

Marks become generic when:

• A) the holders of marks give up protecting them
• B) the Supreme Court issue an order
• C) 5 years have passed since the mark was registered
• D) the holders of the mark make over $1 million in profit
• E) none of the other choices are correct

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, reflecting the value of all goods and services produced by an economy in a given year in real terms.

GDP Deflator

An economic measure that accounts for inflation by converting output measured at current prices into constant-dollar GDP.

Net Domestic Product

A measure of a nation's total economic output, adjusted for depreciation; it is the gross domestic product (GDP) minus the depreciation on a country’s capital goods.

National Income

The total amount of money earned within a country from the production of goods and services over a specified period, usually a year.