Which of the Following Is Included in GDP

question 74

Multiple Choice

Which of the following is included in GDP?

• A) The underground economy.
• B) Leisure time.
• C) Environmental degradation.
• D) Price increase.

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Definitions:

Quality Circle

A group of workers who voluntarily meet regularly to discuss and propose solutions to workplace problems, aiming to improve quality and efficiency.

Focus Group

A research method involving a small, diverse group of people whose reactions are studied especially in response to new products or policies.

ISO Standards

International standards developed by the International Organization for Standardization to ensure quality, safety, and efficiency of products, services, and systems.

Competitive Advantage

A unique attribute or capability that allows an organization to outperform its competitors, creating greater value for its customers or stakeholders.