In Which of the Following Situations Would GDP Not Change

question 131

Multiple Choice

In which of the following situations would GDP not change?

• A)As domestic consumers buy fewer tobacco products, tobacco manufacturers instead sell their products, at the same price, to foreign buyers.
• B)Domestic consumers begin to buy less imported wine, and instead spend just as much money on domestically produced wine.
• C)Without reducing the number of automobiles sold, domestic automobile producers decide to reduce the number of automobiles they produce, rather than producing cars that would end up as unsold inventory.
• D)More and more domestic consumers opt to build a new home, rather than spending the same money on an already existing home.

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Definitions:

Routine Household Tasks

Involves daily or regular activities required to maintain a household, such as cleaning, cooking, and laundry.

Improved Birth Control

Enhancements or innovations in contraceptive methods that increase effectiveness, accessibility, or user-friendliness.

Changing Political

The dynamic and evolutionary nature of political environments and policies, which can influence economic conditions and business practices.

Teenagers

Youth in the age range from 13 to 19 years, characterized by significant physical, psychological, and social development.