A Massage Parlor That Requires Its Therapists to Keep a Database

question 30

Multiple Choice

A massage parlor that requires its therapists to keep a database on each customer and include in that database what was done on each visit as far as customer aches and pains and peculiar characteristics of the customer,is trying to cope with which service characteristic?

• A)intangibility
• B)perishability
• C)inconsistency
• D)consumability
• E)compatibility

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Definitions:

Compiling GDP

The process of calculating the gross domestic product of a country, involving summing the total value of all goods and services produced.

GDP Deflator

An economic measure that converts output measured at current prices into constant-dollar terms, helping to distinguish between real growth and inflation.

Inflation

The tempo at which the cost of general goods and services escalates, undermining the ability to purchase as time progresses.

Expenditures Approach

A method of computing a country's gross domestic product (GDP) by adding up total consumption, investment, government spending, and net exports.