Which of the Following Transactions Would NOT Be Counted in GDP

question 14

Multiple Choice

Which of the following transactions would NOT be counted in GDP?

• A)Nike builds a retail store.
• B)Your mother buys a pound of Washington-grown apples.
• C)Your mother buys 100 shares of Nike stock.
• D)The Indiana state government pays for repair of a damaged bridge over the Wabash River.

Understand the fundamental concepts and theories of ethics relevant to public relations.

Differentiate among various ethical theories including utilitarianism, absolutism, and agent-based ethics.

Recognize the role and significance of ethical decision-making in the practice of PR.

Identify the key elements of ethical frameworks developed by scholars in the field of PR.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Accounts Receivable Turnover

The relationship between net sales and accounts receivable, computed by dividing the net sales by the average net accounts receivable; measures how frequently during the year the accounts receivable are being converted to cash.

Receivable

An amount of money owed to a firm by its customers as a result of the firm extending credit to them.

Receivables

Money owed to a business by its clients or customers for products or services delivered but not yet paid for.