Which of the Following Would Not Be Included in the Measurement

question 57

Multiple Choice

Which of the following would not be included in the measurement of GDP?

• A)federal government purchases of automobiles
• B)a purchase of California wine by a Canadian firm
• C)employers' payments for employees' medical insurance
• D)a state government's purchase of personal computers
• E)transactions in the underground economy

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Definitions:

Due-Process Policy

A policy that ensures fair treatment through a formal process for employees facing disciplinary action, ensuring that rights to a fair hearing and an explanation of the evidence are upheld.

Promote From Within

A hiring policy favoring the advancement of current employees to higher positions over bringing in external candidates.

Lead-The-Market Pay Strategy

A compensation approach where an organization aims to offer salaries higher than the average within its sector to attract and retain top talent.

Job Posting

The process of communicating information about a job vacancy on company bulletin boards, in employee publications, on corporate intranets, and anywhere else the organization communicates with employees.