Which of the Following Is FALSE? Gross Domestic Product

question 23

Multiple Choice

Which of the following is FALSE? Gross domestic product:

• A)is aggregate output.
• B)is the total production of final goods and services.
• C)grows during an expansion.
• D)is the total production of all final and intermediate goods and services.

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Definitions:

Mergers and Acquisitions

Business activities where companies are consolidated or purchased to expand operations or enter new markets.

Strategic Plans

Long-term action plans designed to position an organization for competitive advantage and successful achievement of its overall goals.

Operational Plans

Detailed plans outlining how the strategic goals of an organization will be achieved through specific actions within a short to medium timeframe.

Facilities Plan

A strategic plan that outlines the physical resources, spaces, and environments necessary for an organization to operate efficiently.