Which of the Following Would Be Directly Counted in GDP

question 7

Multiple Choice

Which of the following would be directly counted in GDP in 2012?

• A) kitchen cabinets purchased from Home Depot in 2012 to be installed in a house built in 1997
• B) kitchen cabinets built in 1887, extracted from the 1887 home, and installed in a brand new country-style home
• C) kitchen cabinets built in 1887, extracted from the 1887 home, and installed in a farm house built in 1950
• D) none of the above

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Definitions:

Buying Center

A collection of people in a company who take part in the process of deciding to buy goods or services.

Buying Center

A group of individuals within an organization who participate in the purchasing decision process, each with unique responsibilities and preferences.

VOIP Telephone Calls

Voice Over Internet Protocol calls, which use the internet for telecommunication, allowing for voice and video calls without the need for traditional phone lines.

Consensus Buying Center

A buying center in which all members of the team must reach a collective agreement that they can support a particular purchase.