Anun Bought a Television but While Setting It Up He

question 119

Multiple Choice

Anun bought a television but while setting it up he accidently dropped it. Because it no longer worked, he decided to take it back to the store and tell them that it was broken when he took it out of the box. What is the term for this type of behaviour?

• A) shoplifting
• B) retail borrowing
• C) product misuse
• D) illegitimate complaining

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Definitions:

GDP Deflator

A metric that assesses the prices of all new, internally produced final goods and services in an economic system, employed in the adjustment of nominal GDP to real GDP.

Real GDP

Real Gross Domestic Product (Real GDP) measures the value of all finished goods and services produced within a country's borders in a specific period, adjusted for inflation.

GDP

The total value of all produced goods and services within a country over a particular time period is what Gross Domestic Product (GDP) measures.

GDP Deflator

A measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year, intended to adjust the nominal GDP to reflect changes in price levels.