There are four components in GDP. Which of these would raise consumption?

a. You purchase a vacation at Disney World in Florida.

b. A business purchases Disney World vacations as rewards for the firm's best salespeople.

c. Disney World purchases tires for the monorail from a firm in Ohio.

d. A French man purchases a vacation at a Disney theme park in France.

Question

Social Studies

Ashly Huffman

25 December, 16:40

There are four components in GDP. Which of these would raise consumption?

a. You purchase a vacation at Disney World in Florida.

b. A business purchases Disney World vacations as rewards for the firm's best salespeople.

c. Disney World purchases tires for the monorail from a firm in Ohio.

d. A French man purchases a vacation at a Disney theme park in France.

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Answers (1)

Know the Answer?

Harmony · Answer 1

The correct answer is A. You purchase a vacation at Disney World in Florida.

Explanation:

The Gross Domestic Product or GDP explains the value of the products and services produced in a country, in this case, the U. S. Additionally, this is measured through four factors: exports, business investment, government spending and consumption, this last factor refers to the services, products, and goods citizens of a country buy or pay for. According to this the one that would raise consumption is "You purchase a vacation at Disney World in Florida" because this shows a citizen from the U. S. investing money in services produced in the country and thus supporting the Gross Domestic Product.