Which of the Following Is a Way to Compute GDP

question 92

Multiple Choice

Which of the following is a way to compute GDP?

• A)total income earned.
• B)total expenditures on final goods.
• C)add up the market values of all final goods and services.
• D)All of the above are correct.

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Definitions:

Occasional Users

Individuals who use a service or product infrequently rather than on a regular basis.

TQM

Total Quality Management, a management approach centered on continuous improvement and customer satisfaction through systemic changes.

Organizational Change

The process through which a company or other entity alters its structures, strategies, operational methods, technologies, or organizational culture.

Continuous

Something that occurs in an unbroken or consistent manner over time, often without stopping or interruption.