Answer:
The correct answer is letter "D": not counted in GDP because they are a non-market activity.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. It measures the size of the economy and how much it has grown. It is calculates using expenses, level of output, or revenues of the country.
In Kiersten's case, the fruits she grows in her yard are not part of the GDP since she is not involved in any economic transaction.
Answer:
seal
Explanation:
Based on the information provided within the question it can be said that this information is found of the seal of the Lay's potato chips bag. This is is a type of award symbol that demonstrates excellence in a certain area for the product in question. Which in this scenario refers to the "Best Taste Award" that was given to the company by the American Culinary Institute.
Answer:
The correct answer is letter "E": having enough books to satisfy customer demands versus the cost of having the inventory.
Explanation:
As stated in the case, bookstores do not worry about if the newly published book is going to be a hit in the stores. They only care about if at least some of their customers would want to buy the politician's book. Thus, the challenge for them is to find out if the stock they have is enough for their customers and what is the cost of storing that amount of books in their inventory.
