An Example of a Good or Service That Would Not

question 103

Multiple Choice

An example of a good or service that would not count in the U.S. GDP would be:

• A) a t-shirt made by The Gap in Cambodia.
• B) a t-shirt made by Organi-tee in Oregon.
• C) a TV made by Toshiba in Georgia.
• D) a bottle of water made by Poland Springs in Maine.

Understand the concept and implications of stock dividends in relation to bond interest payments.

Understand strategies for reducing income tax liability for small businesses.

Comprehend the priorities and loyalties of corporations in the U.S.

Identify the impact of recessions on different types of investments.

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Definitions:

Research

The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.

Self-actualization

The achievement of one's abilities and possibilities, seen as a natural desire or motivation in all people.

Physiological

Relating to the branch of biology that deals with the normal functions of living organisms and their parts.

Esteem

The regard in which an individual or entity is held by others, often reflecting respect, admiration, or importance.