In GDP Measurement, Which of the Following Would Be Included

question 116

Multiple Choice

In GDP measurement, which of the following would be included as consumer spending?  

• A) spending by businesses on labour resources 
• B) spending by government on office buildings 
• C) spending by individual households on automobiles and durables 
• D) spending by business on inventories

---

Definitions:

High-Performance Work Practices

A set of management practices that aim to enhance organizational performance by improving employee involvement, commitment, and competencies.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.

Human Capital

Human capital represents the knowledge, skills, competencies, and attributes embodied in individuals that facilitate the creation of personal, social, and economic well-being.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.