Question

Wendy's is a restaurant chain based in the USA. Upon graduation, you are hired by this company to lead their international expansion efforts. Your first task is to identify an attractive country in South America for the company to expand into. You start by looking at the sizes of the economies of specific South American countries in terms of each country's Gross Domestic Product.

Which of the following measurements would you not need to learn about a country in order to calculate the size of its economy?
A Investments that businesses in a country make, such as building factories.
B The value of goods and services that a country exports as well as the value of goods and services that a country imports.
C Money that a country's government spends, such as on paving new highways.
D Money that consumers living in a country save, such as money for retirement.

Answer 1

To calculate the size of a country's economy, you need to learn about investments, exports and imports, and government spending, but not about consumer savings.

Step-by-step explanation:

In order to calculate the size of a country's economy, you would need to learn about the following measurements:

1. Investments that businesses in a country make, such as building factories.
2. The value of goods and services that a country exports and imports.
3. Government spending, such as on paving new highways.

However, you would not need to learn about the money that consumers living in a country save, such as money for retirement.