Suppose the Total Market Value of All Final Goods and Services

question 49

Multiple Choice

Suppose the total market value of all final goods and services produced this year in economy X is $4 million.Of the $4 million worth of goods,$3 million is sold and $1 million is held in inventory.For this year,the GDP for economy X is

• A) $4 million.
• B) $3 million.
• C) $1 million.
• D) $7 million.
• E) none of the above

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Definitions:

Primary Boss

The main supervisor or manager directly responsible for overseeing an employee's work performance and progress.

Secondary Bosses

Individuals in a workplace who have some degree of authority and responsibility for others but are not the primary supervisor.

Divisional Structure

An organizational framework where operations are grouped based on divisions, where each division operates as a semi-autonomous unit with its own management.

Meganational Business

Enterprises operating in multiple countries around the globe, leveraging size and presence to maintain competitive advantage and influence international markets.