Which of the Following Would Be Included in a Year's

question 64

Multiple Choice

Which of the following would be included in a year's GDP?

• A) Susan cleans the fuel injectors on her car.
• B) A private individual purchases 100 shares of IBM stock.
• C) A timber company purchases land in Oregon.
• D) A man buys an antique desk from his neighbor.
• E) A college professor purchases a new computer.

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Definitions:

Maximizes Profit

The strategic effort made by businesses to increase the difference between their revenues and expenses.

Ethical Concerns

Issues or situations that require individuals or organizations to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Target Marketing Strategy

A marketing approach focused on identifying and addressing a specific segment of the market that is most likely to purchase a company's products or services.

Target Market Segments

Target market segments are distinct groups of consumers within a broader market to whom businesses tailor their products, marketing efforts, and services based on shared characteristics or needs.