When Measuring GDP,new Automobile Sales Are Counted as Consumption When

question 97

Multiple Choice

When measuring GDP,new automobile sales are counted as consumption when the automobiles are purchased by ________ and as investment when they are purchased by ________.

• A) households; businesses
• B) households; the government
• C) businesses; the government
• D) foreign customers outside the United States; households

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Definitions:

Behavioral Norms

Accepted behaviors within a society or group, which are considered normal or typical.

Work-Related Tensions

Stresses or conflicts arising from job demands, role expectations, or workplace relationships.

Upper Echelons

A theory suggesting that an organization is a reflection of its top executive's personal characteristics, values, and background.

Self-Managed Teams

Groups of workers who operate without direct supervision, often responsible for a project or function as a whole.