Recently,the Government Made Adjustments to How GDP Is Calculated That

question 75

Multiple Choice

Recently,the government made adjustments to how GDP is calculated that included placing software purchases into the category of

• A)intermediate goods because software is not a final good.
• B)inventory and now software purchases are not directly counted as part of GDP.
• C)investment and now directly counts software purchases as part of GDP.
• D)net exports of goods and services because most software is written abroad.
• E)net operating surplus.

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Definitions:

Disseminate Information

To disseminate information means to distribute or spread information widely among a target audience or through specific channels.

Employment-At-Will Doctrine

A legal principle stating that an employment relationship can be terminated by either the employer or employee for any reason not prohibited by law.

Wrongful Termination

The illegal or unauthorized firing of an employee in violation of federal, state laws, or contractual terms, leading to possible legal action against the employer.

Union Activity

Actions and initiatives taken by labor unions, including negotiations with employers, organizing workers, and advocating for workers' rights.