Which of the Following Is NOT Considered a Component of Government

question 111

Multiple Choice

Which of the following is NOT considered a component of government purchases in calculating GDP?  

• A) the cost of a new federal prison 
• B) the cost of building a new road 
• C) unemployment insurance payments 
• D) the cost of plowing public roads after a snowstorm

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Definitions:

Aggregate Planning Horizon

The timeframe over which a company plans its overall production output, inventory levels, and workforce size to meet forecasted demand.

Demand Options

Demand options are various strategies and methods a company might use to manage or influence customer demand, such as through pricing changes, marketing efforts, or product customization.

Back-Ordering

A process where orders are taken and recorded but fulfillment is delayed due to the unavailability of product, aiming to secure future sales.

Workforce Size

The total number of employees or workers employed by a company, organization, or within a specific division or team.