Which of the Following Items Is Included in U

question 77

Multiple Choice

Which of the following items is included in U.S.GDP?

• A)the estimated value of production accomplished at home,such as backyard production of fruits and vegetables
• B)the value of illegally-produced goods and services
• C)the value of cars and trucks produced in foreign countries and sold in the U.S.
• D)None of the above is included in U.S.GDP.

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Definitions:

Future Resource Needs

Anticipated requirements of an organization for assets, staff, or materials in order to meet its strategic goals.

Forecasting

Predicting future events or trends, often using historical data and analysis methods.

Human Resource Planning

The process by which an organization ensures that it has the right number and kind of people, at the right place and time, capable of effectively and efficiently completing tasks that help the organization achieve its overall objectives.

Attrition

The reduction in the workforce due to employees leaving the company through natural means such as retirement or resignation, not including layoffs.