Which of the Following Statements Is True

question 34

Multiple Choice

Which of the following statements is true?

• A)A decrease in the crime rate increases GDP as people will spend more on security.
• B)Household production is counted in GDP as it amounts to real production.
• C)GDP accounting rules do not adjust for production that pollutes the environment.
• D)GDP growth distributes income equally to people in the economy.
• E)Purchases of stolen goods would be counted in GDP if they were observable.

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Definitions:

Professional Selling

The process of engaging clients or customers in a business context to promote and exchange goods or services for value.

Personal Communication

Direct exchange of information or messages between two or more individuals through verbal or non-verbal means.

Mutually Beneficial

A situation or agreement that provides advantages to all parties involved.

Promotional Allowances

Financial incentives provided to retailers or distributors to support the marketing and sales of a product.