Which of the Following Transactions Would Be Included in the Official

question 3

Multiple Choice

Which of the following transactions would be included in the official calculation of GDP?

• A)A student buys a used textbook at the bookshop.
• B)Bridgestone sells $2 million worth of tyres to General Motors Holden.
• C)You buy a new SmartPhone.
• D)You illegally download music off the Internet to put on your iPod.

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Definitions:

Human Resources

Refers to the department within an organization responsible for managing all matters related to its employees including recruiting, training, compensation, and ensuring compliance with labor laws.

Recruiting Support

Assistance provided to help organizations in identifying, attracting, and hiring candidates for open positions.

Seller's Market

A market condition characterized by a shortage of goods available for sale, leading to higher prices and favorable conditions for sellers.

Qualified Applicants

Individuals who meet the education, experience, and skill requirements set by an employer for a specific job position.