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:

Recognition Techniques

Methods used to acknowledge and reward employees' contributions and achievements, enhancing motivation and performance.

Avoidable Turnover

Employee departures that could have been prevented by addressing underlying issues, such as job dissatisfaction or workplace conflicts.

Employee Training

The process of providing workers with the knowledge, skills, and abilities required to perform their job effectively.

Raising Morale

Taking actions that have a positive impact on employee satisfaction and work performance, including introducing a group bonus, allowing job autonomy, providing training, assigning whole tasks, gaining direct feedback from users, and increasing group interaction. See morale.